Verb Technology Company Inc. (VERB) Shares: Cheap or Risky?

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Verb Technology Company Inc. (NASDAQ:VERB) saw an upside of 3.21% to $0.11 after subtracting $0.0 on Wednesday. The 5-day average trading volume is 1,089,471 shares of the company’s common stock. It has gained $0.1278 in the past week and touched a new high 2 times within the past 5 days. An average of 1,658,998 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,194,075.

VERB’s 1-month performance is -24.55% or -$0.0387 on its low of $0.1057 reached on 12/16/22. The company’s shares have touched a 52-week low of $0.11 and high of $1.69, with the stock’s rally to the 52-week high happening on 02/10/22. YTD, VERB has lost -91.20% or -$1.1274 and has reached a new high 7 times. However, the current price is down -93.34% from the 52-week high price.


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Valuation Metrics

VERB stock has a beta of 0.66. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.21 while the price-to-book (PB) in the most recent quarter is 0.68.

As well, the company’s long term debt to equity for the quarter ending September 29 was 0.01, while the total debt to equity was 0.27. In terms of profitability, the gross margin trailing 12 months is 63.70%. The firm’s gross profit as reported stood at $6.02 million against revenue of $10.52 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -13.95% to -$8.03 million, while revenue of -$6.37 million was 20.67% off the previous quarter. Analysts expected VERB to announce -$0.06 per share in earnings in its latest quarter, but it posted -$0.08, representing a -33.30% surprise. EBITDA for the quarter stood at more than -$6.45 million. VERB stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 18.25 million, with total debt at $8.7 million. Shareholders hold equity totaling $116.17 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 27 December was 35.43% to suggest the stock is trending Neutral, with historical volatility in this time period at 79.69%.

The stock’s 5-day moving average is $0.1125, reflecting a -1.23% or -$0.0014 change from its current price. VERB is currently trading -26.74% above its 20-day SMA, -80.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -67.46% and SMA200 by-88.31%.

Stochastic %K and %D was 14.19% and 15.70% and the average true range (ATR) pointed at 0.0139. The RSI (14) points at 33.23%, while the 14-day stochastic is at 14.62% with the period’s ATR at 0.0167. The stock’s 9-day MACD Oscillator is pointing at -0.0003 and -0.0099 on the 14-day charts.

Analyst Ratings

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 $1.00 and a high of $3.00, with their median price target at $2.00. Looking at these predictions, the average price target given by analysts is for Verb Technology Company Inc. (VERB) stock is $2.00.

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