VRME stock icon

VerifyMe
VRME

$1.42
6.77%

Market Cap: $14.7M

 

About: VerifyMe Inc together with its subsidiaries, is a traceability and customer support services provider using specialized software and process technology. The company operates a Precision Logistics Segment and an Authentication Segment to provide specialized logistics for time-and-temperature sensitive products, as well as item-level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. It Generates the majority of its revenue from the Precision Logistics Segment. Through its Precision Logistics segment, it provides a value-added service for sensitive parcel management driven by a proprietary software platform that provides predictive analytics from key metrics such as pre-shipment weather analysis, flight-tracking, and Others.

Employees: 50

0
Funds holding %
of 6,710 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

22% more capital invested

Capital invested by funds: $1.35M [Q1] → $1.66M (+$304K) [Q2]

17% more funds holding

Funds holding: 18 [Q1] → 21 (+3) [Q2]

0.94% more ownership

Funds ownership: 9.59% [Q1] → 10.53% (+0.94%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$1.50
6%
upside
Avg. target
$1.50
6%
upside
High target
$1.50
6%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Barrington Research
Michael Petusky
60% 1-year accuracy
32 / 53 met price target
6%upside
$1.50
Outperform
Maintained
14 Aug 2024

Financial journalist opinion