The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. VerifyMe Inc shares valued at $15,620 were purchased by Stedham Adam H on Dec 30 ’24. At $0.71 per share, Stedham Adam H acquired 22,000 shares. The insider’s holdings grew to 267,004 shares worth approximately $0.36 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Stedham Adam H purchased 10,000 shares, netting a total of over 5,900 in proceeds. Following the buying of shares at $0.59 each, the insider now holds 245,004 shares.
Before that, Stedham Adam H had added 6,000 shares to its account. In a trade valued at $3,660, the CEO and President bought VerifyMe Inc shares for $0.61 each. Upon closing the transaction, the insider’s holdings increased to 6,000 shares, worth approximately $0.32 million.
Analyzing VRME Stock Performance
During the last five days, there has been a surge of approximately 112.63%. Over the course of the year, VerifyMe Inc shares have jumped approximately 21.43%. Shares of the company reached a 52-week high of $2.4799 on 12/31/24 and a 52-week low of $0.5784 on 11/22/24. A 50-day SMA is recorded $0.9157, while a 200-day SMA reached $1.2967. Nevertheless, trading volume fell to 93.93 million shares from 0.48 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 0.8667, which, if violated, would cause prices to drop to 0.3734. In the upper region, resistance lies at 2.1666. The next price resistance is at 2.9732. RSI (Relative Strength Index) is 78.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2515, which suggests the price will decrease in the coming days. Percent R is at 58.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
