VerifyMe (VRME)

• Market cap: $37.8M
• 1 day: -16.28%
• 5 days: 11.80%
• 1 month: 490.16%
• 3 months: 164.71%
• 6 months: 179.07%
• Year to date: 105.71%
• 1 year: 252.94%
• 5 years: -7.69%
• 10 years: -7.69%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

21% more capital invested

Capital invested by funds: $1.66M [Q2] → $2M (+$342K) [Q3]

0.05% more ownership

Funds ownership: 10.55% [Q2] → 10.6% (+0.05%) [Q3]

0% more funds holding

Funds holding: 21 [Q2] → 21 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

Research analyst outlook

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

• Low target: $1.50 58% downside
• Avg. target: $1.50 58% downside
• High target: $1.50 58% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Michael Petusky 55% 1-year accuracy 38 / 69 met price target

58% downside $1.50

Outperform Maintained

13 Nov 2024