Verb Technology Company Inc. (NASDAQ:VERB) saw an upside of 3.43% to close Tuesday at $2.11 after adding $0.07 on the day. The 5-day average trading volume is 2,910,500 shares of the company’s common stock. It has gained $2.30 in the past week. An average of 2,375,160 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,901,188.
VERB’s 1-month performance is 9.33% or $0.17 on its low of $1.72 reached on 09/29/21. The company’s shares have touched a 52-week low of $0.92 and high of $3.97, with the stock’s rally to the 52-week high happening on 07/15/21. YTD, VERB has achieved 27.88% or $0.46. However, the current price is down -46.85%% from the 52-week high price.
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Verb Technology Company Inc. (VERB) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.86 for the sector.VERB stock has a beta of 0.49. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 16.44 while the price-to-book (PB) in the most recent quarter is 10.05.
Verb Technology Company Inc.’s quick ratio for the period ended June 29 was 0.40, with the current ratio over the same period at 0.40 meaning that VERB stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.07, while the total debt to equity was 0.08. In terms of profitability, the gross margin trailing 12 months is 50.00%. The trailing 12-month EBITDA margin is -227.62%. The firm’s gross profit as reported stood at $5.16 million against revenue of $9.96 million.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected VERB to announce -$0.13 per share in earnings in its latest quarter, but it posted -$0.19, representing a -46.20% surprise. EBITDA for the quarter stood at more than -$7.78 million. VERB stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 22.93 million, with total debt at $8.02 million. Shareholders hold equity totaling $67.52 million
Let’s look briefly at Verb Technology Company Inc. (VERB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 54.84% to suggest the stock is trending Neutral, with historical volatility in this time period at 134.33%.
The stock’s 5-day moving average is $2.13, reflecting a unch or $unch change from its current price. VERB is currently trading +15.30% above its 20-day SMA, +90.09% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -13.88% and +7.65% respectively.
Stochastic %K and %D was 53.55% and 63.02% and the average true range (ATR) pointed at 0.17. The RSI (14) points at 53.86%, while the 14-day stochastic is at 63.93% with the period’s ATR at 0.17. The stock’s 9-day MACD Oscillator is pointing at -0.06 and 0.05 on the 14-day charts.
Analysts offering their rating for VERB stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate VERB as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is VERB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $4.00 and a high of $5.00, with their median price target at $4.50. Looking at these predictions, the average price target given by analysts is for Verb Technology Company Inc. (VERB) stock is $4.50.