Verb Technology (NASDAQ:VERB) Shares Gap Down – What’s Next?

Verb Technology Company, Inc. (NASDAQ:VERB)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $10.41, but opened at $9.90. Verb Technology shares last traded at $9.90, with a volume of 67,911 shares.

Wall Street Analysts Forecast Growth

Separately, Ascendiant Capital Markets dropped their price objective on shares of Verb Technology from $4.50 to $4.00 and set a “buy” rating for the company in a report on Tuesday, September 3rd.

Verb Technology Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.52 and a current ratio of 4.52. The company has a 50 day simple moving average of $1.53 and a 200-day simple moving average of $0.63.

Verb Technology (NASDAQ:VERB) last issued its earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business had revenue of $0.04 million during the quarter. Verb Technology had a negative return on equity of 165.56% and a negative net margin of 11,568.63%. Equities research analysts anticipate that Verb Technology Company, Inc. will post -20 earnings per share for the current fiscal year.

Verb Technology Company Profile

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.