Can Verb Technology Company Inc (VERB) stock recover despite sales dropping?

In yesterday’s Wall Street session, Verb Technology Company Inc (NASDAQ:VERB) shares traded at $0.36, down -18.59% from the previous session.

VERB stock price is now 135.30% away from the 50-day moving average and -43.66% away from the 200-day moving average. The market capitalization of the company currently stands at $9.05M.

A total of 2.70% of the company’s stock is owned by insiders.

During the past 12 months, Verb Technology Company Inc has had a low of $0.11 and a high of $5.11. The fifty day moving average price for VERB is $0.1570 and a two-hundred day moving average price translates $0.6335 for the stock.

The latest earnings results from Verb Technology Company Inc (NASDAQ: VERB) was released for Sep, 2023. According to the Software – Application Company, earnings per share came in at -$0.68, missing analysts’ expectations of -$0.6 by -0.08. This compares to -$0.93 EPS in the same period last year. The net profit margin was -801.11% and return on equity was -365.14% for VERB. The company reported revenue of $29000.0 for the quarter, compared to $3000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 866.67 percent.

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.

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