In a filing, VerifyMe Inc revealed its CEO and President Stedham Adam H acquired Company’s shares for reported $15620.0 on Dec 30 ’24. In the deal valued at $0.71 per share,22,000 shares were bought. As a result of this transaction, Stedham Adam H now holds 267,004 shares worth roughly $ 0.3 million.
Then, Stedham Adam H bought 10,000 shares, generating $5,900 in total proceeds. Upon buying the shares at $0.59, the CEO and President now owns 245,004 shares.
Before that, Stedham Adam H bought 6,000 shares. VerifyMe Inc shares valued at $3,660 were divested by the CEO and President at a price of $0.61 per share. As a result of the transaction, Stedham Adam H now holds 235,004 shares, worth roughly $0.26 million.
Price Performance Review of VRME
On Friday, VerifyMe Inc [NASDAQ:VRME] saw its stock fall -6.72% to $1.11. Over the last five days, the stock has lost -13.95%. VerifyMe Inc shares have fallen nearly -18.38% since the year began. Nevertheless, the stocks have fallen -1.07% over the past one year. While a 52-week high of $5.00 was reached on 01/14/25, a 52-week low of $0.58 was recorded on 02/13/25. SMA at 50 days reached $1.4444, while 200 days put it at $1.3611.
Levels Of Support And Resistance For VRME Stock
The 24-hour chart illustrates a support level at 1.0834, which if violated will result in even more drops to 1.0568. On the upside, there is a resistance level at 1.1632. A further resistance level may holdings at 1.2164. The Relative Strength Index (RSI) on the 14-day chart is 40.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1221, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.39%. Stochastics %K at 5.02% indicates the stock is a buying.
How much short interest is there in VerifyMe Inc?
A steep rise in short interest was recorded in VerifyMe Inc stocks on 2025-01-31, growing by 0.16 million shares to a total of 0.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 7899.0 shares. There was a rise of 95.29%, which implies that there is a positive sentiment for the stock.
