Verb Technology Company Inc. (NASDAQ:VERB) currently has a daily average trading volume of 6.54M but it saw 1251232 shares traded on Thursday. With a market cap of 18.95M USD, stock’s current market price of $0.11 came rising about 3.18 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.19 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1198 while lowest mark touched by it was $0.11.
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Taking a look at 20-day trading activity of Verb Technology Company Inc. (VERB) gives us an average price of $0.1372, while its current price level is -90.46% below from 52-week high level whereas it is 7.38% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1733 while that of 200 days or SMA-200 reads an average of $0.3467. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.08% during that period while stretching the period over a month that increases to 9.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.68 which implies that the stock is in neutral territory.
Verb Technology Company Inc. (VERB)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $3.00 and $3.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $3.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $3.00. Average price target assigned by them is $3.00 which highlights an upside potential of 96.33% for the stock over that period. And to attain the median price target of $3.00 assigned by those analysts, stock has to add about 96.33% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, VERB’s stock price is moving -11.40% down while it is -35.03% when we observe its performance for the past one month. Year-to-date it is -30.83% down and over the past year, the stock is showing a downside performance of -88.18%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of -$0.08 beaten by the consensus estimate of -$0.06 for the same. The company is expected to be releasing its next quarterly report in 05/16/2023, for which analysts forecasted an EPS of -$0.05 while estimate for next year EPS is -$0.27. For VERB, analysts are forecasting an EPS-growth rate of 50.90% for current year and estimate for EPS growth in next year is 55.60%. In next quarter, company is expected to be making quarterly sales of $2.89 million as analysts are expecting the sales for current fiscal year at $9.9 million and seeing the company making $13.26 million in sales next year. Moreover, analysts are in estimates of $2.61 million for current-quarter revenue.
Currently, Verb Technology Company Inc.’s total number of outstanding shares is 102.11M with 9.00% of that held by the insiders while 5.40% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -229.60% and return on equity (ROE) at -155.60%. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 1.89. Its return on asset (ROA) is -72.90% on average.
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