Verb Technology Company Inc (NASDAQ:VERB) traded at $0.36 at close of the session on Monday, March 18, made a downward move of -18.59% on its previous day’s price.
Looking at the stock we see that its previous close was $0.44 and the beta (5Y monthly) reads 0.55 . In terms of its 52-week price range, VERB has a high of $5.11 and a low of $0.11. The company’s stock has gained about 135.29% over that past 30 days.
Verb Technology Company Inc has a market cap of $9.05 million and is expected to release its quarterly earnings report on Apr 15, 2024 – Apr 19, 2024. Estimates by analysts give the company expected earnings per share (EPS) of -$0.16, with the EPS growth for the year raised at -$2.98 for 2023 and -$0.5 for next year. These figures represent 71.30% and 83.20% growth in EPS for the two years respectively.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $2.3 million, or -75.60% down from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the VERB stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is 109.67% off its SMA20 and 135.30% from its 50-day simple moving average. The RSI (14) is pointing at 72.15 while the volatility over the past week is 61.66% and jumps to 21.26% over the past one month. The beta value is 0.48, while the average true range (ATR) is currently pointing at 0.09.
Coming back to Verb Technology Company Inc (NASDAQ:VERB), we note that the average 3-month trading volume was 9.97 million, while that of the preceding 10-day period stands at 79.41 million. Current shares outstanding are 25.15 million.
The insiders hold 2.70% of the company’s shares while institutions hold 1.29%. The data shows that short shares as of Feb 29, 2024, stood at 0.49 million at a short ratio of 0.78. This represents a 2.29% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 0.48 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 109.18% up in year-to-date price movement.
