Verb Technology (NASDAQ:VERB) Stock Price Down 2.5% - Here's Why

Verb Technology Company, Inc. (NASDAQ:VERB - Get Free Report) shares fell 2.5% during trading on Friday . The company traded as low as $10.41 and last traded at $10.61. 32,303 shares traded hands during trading, a decline of 91% from the average session volume of 360,967 shares. The stock had previously closed at $10.88.

Analyst Upgrades and Downgrades

Separately, Ascendiant Capital Markets dropped their price objective on 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 Trading Down 4.3 %

The company has a quick ratio of 4.52, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average is $1.32 and its two-hundred day moving average is $0.55.

Verb Technology (NASDAQ:VERB - Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01. Verb Technology had a negative net margin of 11,568.63% and a negative return on equity of 165.56%. The firm had revenue of $0.04 million for the quarter. As a group, analysts predict 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.