>
Veritas Farms Inc logo

VFRM - Veritas Farms Inc Share Price

$0.035 -0.0  -5.4%

Last Trade - 14/01/22

Sector
Healthcare
Size
Micro Cap
Market Cap £1.07m
Enterprise Value £1.81m
Revenue £2.49m
Position in Universe 7253rd / 7386
Bullish
Bearish
Unlock VFRM Revenue
Momentum
Relative Strength (%)
1m -13.1%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -90.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.000 0.000 1.11 2.08 7.29 6.23
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 30 September 2021, VeritasFarms Inc revenues decreased 59% to $2M. Net loss decreased36% to $3.3M. Revenues reflect a decrease in demand for theCompany's products and services due to unfavorable marketconditions. Lower net loss reflects Gain on Forgiveness ofDebt increase from $0K to $932K (income), Interest expensedecrease of 22% to $75K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

VFRM Revenue Unlock VFRM Revenue

Net Income

VFRM Net Income Unlock VFRM Revenue

Normalised EPS

VFRM Normalised EPS Unlock VFRM Revenue

PE Ratio Range

VFRM PE Ratio Range Unlock VFRM Revenue

Dividend Yield Range

VFRM Dividend Yield Range Unlock VFRM Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2022
31st Dec 2023
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
VFRM EPS Forecasts Unlock VFRM Revenue
Profile Summary

Veritas Farms, Inc. is a vertically integrated agribusiness focused on producing, marketing and distributing hemp oils and extracts. The Company’s product includes vegan capsules, gummies, tinctures, lotions, salves, cream and oral syringes. The Company has developed formulated Phyto cannabinoid-rich hemp products containing naturally occurring Phyto cannabinoids. The Company’s product pipeline includes: The Veritas Beauty, beauty and skin care product line encompassing massage oils, body scrubs and beauty soap; a Cannabidiol (CBD) infused Veritas Farms sports cream; CBD-infused line of pet products Veritas Pets, and hemp edibles designed to deliver cannabinoid-rich hemp. Its products are available for purchase directly from the Company through its Website, www.TheVeritasFarms.com, as well as through other online retailers and retail outlets.

Directors
Last Annual December 31st, 2020
Last Interim September 30th, 2021
Incorporated March 15, 2011
Public Since October 20, 2016
No. of Shareholders: 200
No. of Employees: 45
Sector Healthcare
Industry Healthcare Providers & Services
Index
Exchange OTC Markets Group
Shares in Issue 41,624,977
Free Float (0.0%)
Eligible for
× ISAs
SIPPs
VFRM Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for VFRM
Upcoming Events for VFRM
Frequently Asked Questions for Veritas Farms Inc
What is the Veritas Farms Inc share price?

As of 14/01/22, shares in Veritas Farms Inc are trading at $0.035, giving the company a market capitalisation of £1.07m. This share price information is delayed by 15 minutes.

How has the Veritas Farms Inc share price performed this year?

Shares in Veritas Farms Inc are currently trading at $0.035 and the price has moved by -80% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Veritas Farms Inc price has moved by -82.32% over the past year.

What are the analyst and broker recommendations for Veritas Farms Inc?

There are no analysts currently covering Veritas Farms Inc.

When will Veritas Farms Inc next release its financial results?

Veritas Farms Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-09-30
What is the Veritas Farms Inc dividend yield?

Veritas Farms Inc does not currently pay a dividend.

Does Veritas Farms Inc pay a dividend?

Veritas Farms Inc does not currently pay a dividend.

When does Veritas Farms Inc next pay dividends?

Veritas Farms Inc does not currently pay a dividend.

How do I buy Veritas Farms Inc shares?

To buy shares in Veritas Farms Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Veritas Farms Inc?

Shares in Veritas Farms Inc are currently trading at $0.035, giving the company a market capitalisation of £1.07m.

Where are Veritas Farms Inc shares listed? Where are Veritas Farms Inc shares listed?

Here are the trading details for Veritas Farms Inc:

Country of listing: United States
Exchange: OTC
Ticker Symbol: VFRM
What kind of share is Veritas Farms Inc?

Based on an overall assessment of its quality, value and momentum, Veritas Farms Inc is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Veritas Farms Inc share price forecast 2022?

We were not able to load any forecast data for Veritas Farms Inc.

How can I tell whether the Veritas Farms Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Veritas Farms Inc. Over the past six months, the relative strength of its shares against the market has been -80.55%. At the current price of $0.035, shares in Veritas Farms Inc are trading at -74.33% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Veritas Farms Inc PE Ratio?

We were not able to find PE ratio data for Veritas Farms Inc.

Who are the key directors of Veritas Farms Inc?

We were unable to find the directors for Veritas Farms Inc.

Who are the major shareholders of Veritas Farms Inc?

Here are the top five shareholders of Veritas Farms Inc based on the size of their shareholding:

Cornelis F. Wit Revocable Living Trust Corporation
Percentage owned: 16.94% (7.05m shares)
Salgado (Alexander M) Individual Investor
Percentage owned: 13.8% (5.75m shares)
Maines (William R.) Individual Investor
Percentage owned: 7.51% (3.13m shares)
Boden (George Attlee) Individual Investor
Percentage owned: 5.87% (2.44m shares)
Smith (Dave) Individual Investor
Percentage owned: 0.9% (375k shares)
Similar to VFRM
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.