How to Buy Verifyme Stock
Verifyme Inc
VerifyMe, Inc. , a technology solutions provider, provides products to connect brands with consumers in the United States.
Verifyme stock last closed at $1.60, down 16.67% from the previous day, and has decreased 11.11% in one year. It has underperformed other stocks in the Security & Protection Services industry by 0.38 percentage points. Verifyme stock is currently +88.01% from its 52-week low of $0.85, and -34.69% from its 52-week high of $2.45.
At the moment, there are 10.14M VRME shares outstanding. The market capitalization of VRME is $16.23M. In the last 24 hours, 183,554 VRME shares were traded.
How to Buy Verifyme Stock
Not sure how to invest in Verifyme stock? Here's how.
- Figure out where to buy Verifyme stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Verifyme stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Evaluate Verifyme stock: The Verifyme ticker symbol is VRME. Is Verifyme stock a good investment? Should you buy shares of VRME? How do VRME's underlying business fundamentals look? Do top analysts think Verifyme is a good buy? Why has VRME's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if VRME is a good stock to buy).
- Execute your VRME buy order: Decide if you will purchase VRME shares at the current market price or use a limit order to buy VRME shares at a given price.
- Track your VRME position: Create a watchlist to get live updates on your investment in Verifyme stock.
Step 1: Figure out where to buy Verifyme stock
You will need a brokerage account to access the NASDAQ market and buy VRME stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to invest in VRME today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on app for stock market, you need to deposit funds:
Check out the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Verifyme stock
After you have decided on the best place to buy Verifyme stock, it's absolutely critical to research their stock prior to investing, so you truly understand the risk and opportunity.
Verifyme Metrics
Verifyme Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on VRME's stock page.
What is the fair value of VRME stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VRME's fair value.
Using relative valuations ratios:
- VRME may be undervalued based on its P/B ratio of 1.3x, relative to Security & Protection Services industry P/B ratio of 2.97x
You can do more valuation research on VRME's stock here.
VRME Financial Health Overview
Passed Health Checks:
- VRME has $3.10M in cash and short term investments. This is enough to cover its annual cash burn of $530.00k.
- There are more short-term assets than short-term liabilities on the VRME balance sheet.
- VRME profit margin has gone up from -73.5% to -13.4% in the past year.
- VRME has cash burn of 530000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the VRME balance sheet.
Failed Health Checks:
- Total VRME debt is higher than 5 years ago, relative to shareholder equity.
- VRME has a relatively high debt to equity ratio of 0.65.
Is VRME stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who track VRME, the consensus analyst rating on Verifyme is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Verifyme stock forecast page.
Metrics for Advanced VRME Traders
VRME Growth Metrics
Last year, VRME revenue was $25.31M. Over the past five year, VRME's revenue has grown by 220.47% per year. This was faster than the Security & Protection Services industry average of 6.86%.
You can analyze VRME's earnings and revenue performance here.
Who is buying/selling VRME?
In the last year, insiders at VRME have bought more shares than they have sold.
Arthur B. Laffer, Director of VRME, was the latest VRME insider to buy. They bought $5,065.30 worth of VRME stock on Mar 25, 2024.
Get more info about who owns VRME shares here.
Does VRME stock generate passive income?
No, Verifyme doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your VRME buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open button and eToro will place your order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Track your VRME position
Now that you own some shares in VRME, you'll want to keep up with your new investment.
Put VRME on a watchlist to see the latest developments about your VRME stock.
VRME Feed
How to Buy Stock in Verifyme
To summarize, here are the 6 steps you need to take to buy Verifyme stock right now:
- Figure out where to buy Verifyme stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Verifyme stock
- Execute your VRME buy order
- Track your VRME position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your investment in Verifyme, create a watchlist today.
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