Verb Technology Company Inc (NASDAQ:VERB) traded at $0.15 at close of the session on Monday, April 29, made a downward move of -3.76% on its previous day’s price.
Looking at the stock we see that its previous close was $0.15. In terms of its 52-week price range, VERB has a high of $3.37 and a low of $0.11. The company’s stock has lost about -44.91% over that past 30 days.
Verb Technology Company Inc has a market cap of $11.58 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.12, with the EPS growth for the year raised at -$0.5 for 2024 and $0 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $100k, with a low of $100k and a high of $100k. The median projection represents growth adding up to -95.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.5 million, or -60.70% down from figures reported last year.
On the other hand, looking at the outlook for the VERB stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -25.01% off its SMA20 and -29.35% from its 50-day simple moving average. The RSI (14) is pointing at 38.36 while the volatility over the past week is 11.48% and jumps to 12.63% over the past one month. The beta value is 0.84, while the average true range (ATR) is currently pointing at 0.04.
Coming back to Verb Technology Company Inc (NASDAQ:VERB), we note that the average 3-month trading volume was 22.08 million. Current shares outstanding are 79.30 million.
The insiders hold 2.65% of the company’s shares while institutions hold 0.41%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -15.17% down in year-to-date price movement.
