Verb Technology Company, Inc. (NASDAQ:VERB) was down 6.2% during mid-day trading on Thursday . The company traded as low as $1.90 and last traded at $1.96. Approximately 1,151,379 shares were traded during trading, an increase of 110% from the average daily volume of 549,574 shares. The stock had previously closed at $2.09.
A number of analysts have recently issued reports on VERB shares. ValuEngine downgraded shares of Verb Technology from a “buy” rating to a “hold” rating in a report on Tuesday, December 1st. LADENBURG THALM/SH SH began coverage on shares of Verb Technology in a report on Monday, December 14th. They issued a “buy” rating for the company.
The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.14. The company’s fifty day moving average is $1.25 and its two-hundred day moving average is $1.19. The stock has a market cap of $91.52 million, a price-to-earnings ratio of -2.55 and a beta of 1.21.
Verb Technology (NASDAQ:VERB) last posted its earnings results on Sunday, November 15th. The company reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.10). Verb Technology had a negative net margin of 153.77% and a negative return on equity of 131.68%. The company had revenue of $2.86 million during the quarter.
Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its stake in shares of Verb Technology by 18.4% in the third quarter. BlackRock Inc. now owns 77,980 shares of the company’s stock worth $84,000 after acquiring an additional 12,095 shares in the last quarter. Morgan Stanley grew its stake in shares of Verb Technology by 737.5% in the third quarter. Morgan Stanley now owns 80,409 shares of the company’s stock worth $87,000 after acquiring an additional 70,808 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Verb Technology in the third quarter worth $43,000. Hedge funds and other institutional investors own 1.40% of the company’s stock.
About Verb Technology (NASDAQ:VERB)
Verb Technology Company, Inc develops Software-as-a-Service applications platform. It offers verb Customer Relationship Management (CRM) application; verbLEARN, a Learning Management System application that incorporates clickable in-video technology featured in its verbCRM application; and verbLIVE, a Live Broadcast Video Webinar application.
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