Benzinga | Nov 17, 2020 10:58AM EST

Why VerifyMe's Stock Is Moving Today

VerifyMe (NASDAQ:VRME) shares were moving Tuesday after the company announced a $1.5 million share buyback.

VerifyMe is a technology solutions company based in the United States. It markets a broad patent portfolio that includes patents in the field of authenticating products, people, and financial transactions.

VerifyMe shares were trading at $3.18 on Tuesday but had fallen to $2.97 at the time of publication. The stock has a 52-week high of $7.52 and a 52-week low of $2.29.