Verb Technology Company Inc (NASDAQ:VERB) shares, rose in value, with the stock price down by -10.50% to the previous day’s close as strong demand from buyers drove the stock to $0.16.
Actively observing the price movement in the last trading, the stock closed the session at $0.18. The value of beta (5-year monthly) was 0.76. Referring to stock’s 52-week performance, its high was $3.37, and the low was $0.11. On the whole, VERB has fluctuated by -42.79% over the past month.
With the market capitalization of Verb Technology Company Inc currently standing at about $12.70 million, investors are eagerly awaiting this quarter’s results, scheduled for Apr 15, 2024 – Apr 19, 2024.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VERB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VERB currently trading nearly -22.39% and -22.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.99, while the 7-day volatility ratio is showing 11.13% which for the 30-day chart, stands at 14.81%. Furthermore, Verb Technology Company Inc (VERB)’s beta value is 0.82, and its average true range (ATR) is 0.04.
A comparison of Verb Technology Company Inc (VERB) with its peers suggests the former has fared considerably weaker in the market. VERB showed an intraday change of -10.50% in last session, and over the past year, it shrunk by -93.18%%.
Data on historical trading for Verb Technology Company Inc (NASDAQ:VERB) indicates that the trading volumes over the past 3 months, they’ve averaged 21.83 million. According to company’s latest data on outstanding shares, there are 79.30 million shares outstanding.
Nearly 2.65% of Verb Technology Company Inc’s shares belong to company insiders and institutional investors own 0.41% of the company’s shares. The stock has fallen by -6.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VERB stock heading into the next quarter.
