VerifyMe (OTCMKTS:VRME) Shares Down 11.7%
VerifyMe Inc (OTCMKTS:VRME)’s stock price fell 11.7% on Thursday . The company traded as low as $0.11 and last traded at $0.11, 20,000 shares traded hands during mid-day trading. A decline of 58% from the average session volume of 47,591 shares. The stock had previously closed at $0.12.
The stock has a 50 day moving average price of $0.12 and a two-hundred day moving average price of $0.20.
In other news, major shareholder Laurence J. Blickman sold 1,041,436 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $0.16, for a total value of $166,629.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
VerifyMe, Inc provides security solutions for the identification and authentication of people, products, and packaging for various applications in the United States. The company offers RainbowSecure technology that combines an invisible ink with a proprietary tuned laser to enable counterfeit products to be exposed for gaming industry, as well as for anti-counterfeit protection of tags and labels in the apparel industry; and SecureLight technology, which changes the color of ink for use in various applications, including credit cards, driver's licenses, passports, stock certificates, clothing labels, currencies, ID cards, and tax stamps, as well as to protect apparels, pharmaceuticals, and other physical products.
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