What The Financials Tell Us About Verb Technology Company Inc. (VERB)

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Verb Technology Company Inc. (NASDAQ:VERB) finished Wednesday with a subtraction of -$0.02 to close at $0.18, a downside of -9.45 percent. An average of 42,332,602 shares of common stock have been traded in the last five days. There was a fall of -$0.0370 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 12,021,195 shares traded, while the 50-day average volume stands at 6,002,988.

VERB stock has increased by 66.52% in the last month. The company shares reached their 1-month lowest point of $0.1081 on 12/27/22. With the stock rallying to its 52-week high on 01/23/23, shares of the company touched a low of $0.11 and a high of $1.69 in 52 weeks. It has reached a new high 6 times so far this year and achieved 12.13% or $0.0199 in price. In spite of this, the price is down -89.11% from the 52-week high.


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Valuation Metrics

Verb Technology Company Inc. (VERB) stock’s beta is 0.29. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.04, the price-to-book (PB) ratio at 1.15.

Financial Health

Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.27 for the quarter ending September 29. Its gross profit as reported stood at $6.02 million compared to revenue of $10.52 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Verb Technology Company Inc.’s return on assets was -72.90%.

Earnings Surprise

For the three-month period that ended September 29, Verb Technology Company Inc. had $0.15 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$8.03 million in the quarter, while revenues of -$6.37 million were shrunk -13.95%. The analyst consensus anticipated Verb Technology Company Inc.’s latest quarter earnings to come in at -$0.06 per share, but it turned out to be -$0.08, a -33.30% surprise. For the quarter, EBITDA amounted to -$6.45 million. Shareholders own equity worth $116.17 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Verb Technology Company Inc. (VERB) price momentum. RSI 9-day as of the close on 25 January was 47.11%, suggesting the stock is Neutral, with historical volatility in this time frame at 459.25%.

As of today, VERB’s price is $0.2438 -16.74% or -$0.0370 from its 5-day moving average. VERB is currently trading +59.31% higher than its 20-day SMA and -62.59% lower than its 100-day SMA. However, the stock’s current price level is -5.74% below the SMA50 and -73.55% below the SMA200.

The stochastic %K and %D were 23.17% and 49.83%, respectively, and the average true range (ATR) was 0.0699. With the 14-day stochastic at 5.71% and the average true range at 0.0545, the RSI (14) stands at 49.09%. The stock has reached 0.0363 on the 9-day MACD Oscillator while the 14-day reading was at 0.0498.

Analyst Ratings

The consensus rating for Verb Technology Company Inc. (VERB) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VERB, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.

What is VERB’s price target for the next 12 months?

Analysts predict a range of price targets between $1.00 and $3.00, with a median target of $2.00. Taking a look at these predictions, the average price target given by analysts for Verb Technology Company Inc. (VERB) stock is $2.00.

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