Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. VerifyMe Inc shares valued at $1,900 were purchased by Stedham Adam H on Nov 13 ’24. At $0.95 per share, Stedham Adam H acquired 2,000 shares. The insider’s holdings grew to 210,004 shares worth approximately $0.17 million following the completion of this transaction.
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Also, LAFFER ARTHUR B purchased 7,395 shares, netting a total of over 10,035 in proceeds. Following the buying of shares at $1.36 each, the insider now holds 279,911 shares.
Before that, LAFFER ARTHUR B had added 3,700 shares to its account. In a trade valued at $5,065, the Director bought VerifyMe Inc shares for $1.37 each. Upon closing the transaction, the insider’s holdings increased to 3,700 shares, worth approximately $38819.25.
Analyzing VRME Stock Performance
During the last five days, there has been a surge of approximately 7.74%. Over the course of the year, VerifyMe Inc shares have dropped approximately -27.95%. Shares of the company reached a 52-week high of $2.4500 on 04/30/24 and a 52-week low of $0.5784 on 11/22/24. A 50-day SMA is recorded $1.2106, while a 200-day SMA reached $1.3535. Nevertheless, trading volume fell to 0.11 million shares from 0.11 million shares the previous day.
Support And Resistance Levels for VerifyMe Inc (VRME)
According to the 24-hour chart, there is a support level at 0.7613, which, if violated, would cause prices to drop to 0.7157. In the upper region, resistance lies at 0.8513. The next price resistance is at 0.8957. RSI (Relative Strength Index) is 35.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1610, which suggests the price will decrease in the coming days. Percent R is at 69.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
