MicroMarvel – Alarum Technoogies – Leading In Cyber Security


Image Source: DepositPhotosMicroMarvel is a series of articles highlighting undercovered stock with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile so if you do decide to add them to your portfolio I highly recommend you use stop losses and limit orders.Today’s MicroMarvel is the cyber security company Alarum Technologies (ALAR). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11 /9 the stock gained 148.87%. ALAR Price vs Daily Moving Averages (Barchart)Alarum Technologies Ltd. provides cybersecurity and privacy solutions to consumers and enterprises in Israel, the United States, the Middle East, the United Kingdom, the British Virgin Islands, the Asia Pacific, and internationally. The company operates through three segments: Enterprise Cybersecurity, Enterprise Internet Access, and Consumer Internet Access. It offers iShield, a cybersecurity cloud software that protects users from online threats, including phishing, malware, ransomware, and others; privacy solutions and services, a software solution that uses an encryption protocol which is defined upon the process being used to generate a secured encrypted path and keep the users’ data private and safe; and web data collection solution allows organizations to collect vast amounts of web and internet data by simultaneously connecting to the Internet from different IP addresses. It also provides static residential proxy network, rotating residential proxy network, data center proxy network, premium dedicated static residential proxies, and data collection API cloud service, as well as advertising services to third party privacy products. The company offers its products through resellers, distributors, and internet service providers. It serves financial organizations, cyber security companies, industrial and commercial companies, online companies, education institutions, and others. The company was formerly known as Safe-T Group Ltd. and changed its name to Alarum Technologies Ltd. in January 2023. Alarum Technologies Ltd. was founded in 2013 and is headquartered in Tel Aviv-Yafo, Israel. Barchart’s Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.Barchart Technical Indicators:

  • 100% technical buy signals
  • 99.120+ Weighted Alpha
  • 293.68% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50 and 100-day moving averages
  • 13 new highs and up 113.28% in the last month
  • Relative Strength Index 85.24%
  • Technical support level at $9.19
  • Recently traded at $9.96 with 50-day moving average of $5.03
  • Fundamental Factors:

  • Market Cap 39 million
  • Revenue estimated to grow 40.60% this year and another 20.00% next year
  • Earnings projected to increase 64.50% this year and an additional 165.10% next year
  • Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:

  • Wall Street analysts have 2 strong buy recommendation in place
  • Value Line give the stock an average 3 rating
  • 1,730 investors are following the stock on Seeking Alpha
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