Veritec (VRTC) Stock Price, News & Analysis

Company Overview

Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products and providing services related to its mobile banking solutions in the United States. The company offers Mobile Toggle Card-Visa prepaid card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs. It also provides custom branded debit card program that enables card issuers and sponsors to issue debit, pre-paid, and gift cards under its branded programs through the licensed use of the mobile banking platform, as well as related professional services. In addition, the company offers blinxPay mobile wallet application, a payment processing system that enables customers to make purchases at participating merchants using funds loaded into their blinxPay virtual account. Further, it offers mobile banking solution that enables member card programs to process and settle member rewards in open or closed loop processing environment, as well as back-end card processing services to the card issuing institutions for various cardholder transactions on the licensed platform. The company was incorporated in 1982 and is headquartered in Golden Valley, Minnesota. Veritec, Inc. is a subsidiary of The Matthews Group, LLC.

Key Stats

• Today's Range: $0.02 to $0.02
• 50-Day Range: $0.02 to $0.03
• 52-Week Range: $0.01 to $0.06
• Volume: N/A
• Average Volume: 1,951 shs
• Market Capitalization: $878,680.00
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

VRTC Stock Analysis - Frequently Asked Questions

How have VRTC shares performed this year?

Veritec's stock was trading at $0.06 on January 1st, 2024. Since then, VRTC shares have decreased by 63.3% and is now trading at $0.0220.
View the best growth stocks for 2024 here.

How were Veritec's earnings last quarter?

Veritec, Inc. (OTCMKTS:VRTC) released its earnings results on Thursday, October, 10th. The company reported ($0.01) earnings per share for the quarter. The company earned $0.16 million during the quarter.

How do I buy shares of Veritec?

Shares of VRTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Veritec own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veritec investors own include Weyerhaeuser (WY), Caterpillar (CAT), Ctrip.Com International (CTRP), Deere & Company (DE), HashiCorp (HCP), Honda Motor (HMC) and Simon Property Group (SPG).

Company Calendar

• Last Earnings: 10/10/2024
• Today: 11/05/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Management services
• Sub-Industry: Business Services
• Current Symbol: OTCMKTS:VRTC
• CUSIP: 923437305
• CIK: 773318
• Web: www.veritecinc.com
• Phone: (763) 253-2670
• Fax: 763-253-0503
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,060,000.00
• Net Margins: -229.50%
• Pretax Margin: -229.50%
• Return on Equity: N/A
• Return on Assets: -892.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.01
• Quick Ratio: 0.01

Sales & Book Value

• Annual Sales: $460,000.00
• Price / Sales: 1.91
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.24) per share
• Price / Book: -0.09

Miscellaneous

• Outstanding Shares: 39,938,000
• Free Float: 19,250,000
• Market Cap: $878,636.00
• Optionable: Not Optionable
• Beta: -29.40