In yesterday’s Wall Street session, Verb Technology Company Inc. (NASDAQ:VERB) shares traded at $1.89, down -40.94% from the previous session.
VERB stock price is now 70.53% away from the 50-day moving average and -50.26% away from the 200-day moving average. The market capitalization of the company currently stands at $8.45M.
Insiders disposed of 695,614 shares of company stock worth roughly $1.31 million over the past 1 year. A total of 7.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VERB stock. A new stake in Verb Technology Company Inc. shares was purchased by HRT FINANCIAL LP during the first quarter worth $25,000. In total, there are 30 active investors with 6.50% ownership of the company’s stock.
On Wednesday morning Verb Technology Company Inc. (NASDAQ: VERB) stock kicked off with the opening price of $2.4500. During the past 12 months, Verb Technology Company Inc. has had a low of $0.69 and a high of $24.00. The fifty day moving average price for VERB is $1.1251 and a two-hundred day moving average price translates $3.7754 for the stock.
The latest earnings results from Verb Technology Company Inc. (NASDAQ: VERB) was released for Jun, 2023. According to the Software – Application Company, earnings per share came in at -$2.45, beating analysts’ expectations of -$38 by 35.55. This compares to -$0.93 EPS in the same period last year. For the current quarter, analysts expect VERB to generate $100k in revenue.
Verb Technology Company Inc.(VERB) Company Profile
Verb Technology Company, Inc. develops Software-as-a-Service applications platform. It offers verbLIVE, an interactive livestream eCommerce and shoppable video and webinar application; verbCRM, a white-labelled interactive video-based customer relationship management application; verbTEAMS, a self on-boarding version of verbCRM with built-in verbLIVE for small businesses and solo entrepreneurs; verbLEARN, an interactive video and gamified learning management system application; and verbMAIL, an interactive video mail solution integrated into Microsoft Outlook. The company provides non-digital services to enterprise clients, such as printing and fulfillment services. In addition, it offers subscription-based application services. The company serves large enterprises in the life sciences sector, professional sports franchises, and other business sectors. Verb Technology Company, Inc. was founded in 2012 and is based in Lehi, Utah.
