Verb Technology (NASDAQ:VERB) Sets New 52-Week Low – What’s Next?

Verb Technology Company, Inc. (NASDAQ:VERB)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $6.31 and last traded at $6.31, with a volume of 33106 shares trading hands. The stock had previously closed at $8.50.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets decreased their price target on Verb Technology from $4.50 to $4.00 and set a “buy” rating for the company in a report on Tuesday, September 3rd.

Verb Technology Stock Down 27.6 %

The company has a current ratio of 4.52, a quick ratio of 4.52 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $0.07 and its two-hundred day moving average is $0.12.

Verb Technology (NASDAQ:VERB) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Verb Technology had a negative return on equity of 165.56% and a negative net margin of 11,568.63%. The firm had revenue of $0.04 million during the quarter. Equities analysts forecast that Verb Technology Company, Inc. will post -0.1 earnings per share for the current year.

About Verb Technology

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.