Verb Technology (NASDAQ:VERB) Trading Down 4.8%
Verb Technology (NASDAQ:VERB) Trading Down 4.8%Verb Technology（纳斯达克股票代码：VERB）交易下跌4.8％
Verb Technology Company, Inc. (NASDAQ:VERB – Get Rating) was down 4.8% during mid-day trading on Friday . The company traded as low as $0.18 and last traded at $0.18. Approximately 7,494,509 shares were traded during trading, a decline of 50% from the average daily volume of 14,850,978 shares. The stock had previously closed at $0.19.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners dropped their price objective on shares of Verb Technology to $1.00 in a report on Thursday, November 17th.Get Verb Technology alerts:
Verb Technology Price Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 0.19 and a quick ratio of 0.19. The firm has a market capitalization of $18.86 million, a P/E ratio of -0.59 and a beta of 0.67. The firm's 50 day simple moving average is $0.16 and its two-hundred day simple moving average is $0.35.Verb Technology (NASDAQ:VERB – Get Rating) last posted its quarterly earnings results on Monday, November 14th. The company reported ($0.08) earnings per share for the quarter. Verb Technology had a negative return on equity of 155.57% and a negative net margin of 269.61%. The business had revenue of $2.19 million during the quarter.
Hedge Funds Weigh In On Verb Technology
A number of hedge funds have recently modified their holdings of VERB. Millennium Management LLC purchased a new position in shares of Verb Technology during the second quarter valued at about $42,000. Citadel Advisors LLC increased its position in shares of Verb Technology by 486.2% during the third quarter. Citadel Advisors LLC now owns 98,349 shares of the company's stock valued at $46,000 after buying an additional 81,571 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Verb Technology by 26.2% during the second quarter. Price T Rowe Associates Inc. MD now owns 104,900 shares of the company's stock valued at $55,000 after buying an additional 21,800 shares during the period. Virtu Financial LLC increased its position in shares of Verb Technology by 599.7% during the third quarter. Virtu Financial LLC now owns 120,501 shares of the company's stock valued at $57,000 after buying an additional 103,280 shares during the period. Finally, Fortitude Advisory Group L.L.C. increased its position in shares of Verb Technology by 243.8% during the second quarter. Fortitude Advisory Group L.L.C. now owns 233,750 shares of the company's stock valued at $122,000 after buying an additional 165,750 shares during the period. Hedge funds and other institutional investors own 7.33% of the company's stock.
About Verb Technology
Verb Technology Co, Inc engages in transforming how businesses captivate and engage customers. The firm's Software-as-a-Service (SaaS) platform is based on its proprietary interactive video technology and consists of a suite of sales enablement business software products offered on a subscription basis.
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