VerifyMe (VerifyMe) 6-1 Month Momentum % : 55.66% (As of May. 25, 2024)

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What is VerifyMe 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-25), VerifyMe's 6-1 Month Momentum % is 55.66%.

The industry rank for VerifyMe's 6-1 Month Momentum % or its related term are showing as below:

VRME's 6-1 Month Momentum % is ranked better than
93.37% of 1086 companies
in the Business Services industry
Industry Median: 1.495 vs VRME: 55.66

Competitive Comparison of VerifyMe's 6-1 Month Momentum %

For the Security & Protection Services subindustry, VerifyMe's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VerifyMe's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VerifyMe's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where VerifyMe's 6-1 Month Momentum % falls into.

VerifyMe (NAS:VRME) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VerifyMe (NAS:VRME) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

VerifyMe 6-1 Month Momentum % Related Terms

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VerifyMe (VerifyMe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VerifyMe Inc (NAS:VRME) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

LT1B:Germany LT1B:Germany

Address

801 International Parkway, Fifth Floor, Lake Mary, FL, USA, 32746

Website

https://www.verifyme.com

VerifyMe Inc is a technology solutions company based in the United States. It markets a broad patent portfolio that includes patents in the field of authenticating products, people, and financial transactions. In the areas of authentication and serialization of physical goods, the company offers clients the following products as anti-counterfeit systems: RainbowSecure, VeriPAS supply chain serialization, track, and trace technology; VeriPAS Smartphone Authenticator; VerifyMe Beeper; VerifyMe Web. The company serves a diverse set of markets including pharmaceutical companies, high-end retailers, the gaming industry, and governments worldwide.

Executives

Adam H Stedham	director	GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
Marshall S Geller	director	10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Scott N Greenberg	director	9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Paul Joseph Ryan	officer: EVP, Authentication	C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
David Bruce Edmonds	director	C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
Howard Goldberg	director
Curt Harris Kole	officer: EVP-Sales, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Jack Wang	officer: CIO, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Fred Iii Volk	officer: VP-Ops, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Nancy L. Meyers	officer: Senior VP, Finance & IR	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Margaret Gezerlis	officer: Chief Financial Officer	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Keith Goldstein	officer: Acting Chief Operating Officer	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Arthur B Laffer	director	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Christopher P Gardner	director	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Sandy Fliderman	officer: Chief Technology Officer	3330 NORTHEAST 190TH STREET, APT 1815, AVENTURA FL 33180