Verb Technology Company, Inc. (NASDAQ:VERB – Get Free Report)’s stock price rose 6% during trading on Tuesday . The company traded as high as $13.49 and last traded at $13.34. Approximately 89,365 shares were traded during trading, a decline of 75% from the average daily volume of 355,049 shares. The stock had previously closed at $12.58.
Analysts Set New Price Targets
Separately, Ascendiant Capital Markets dropped their price objective on Verb Technology from $900.00 to $800.00 and set a “buy” rating for the company in a research note on Tuesday, September 3rd.
Check Out Our Latest Stock Report on Verb Technology
Verb Technology Stock Performance
Verb Technology (NASDAQ:VERB – Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($4.00) earnings per share for the quarter, topping the consensus estimate of ($6.00) by $2.00. 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. Analysts anticipate that Verb Technology Company, Inc. will post -20 EPS for the current fiscal year.
Insider Activity
In related news, major shareholder Corsair Capital Management, L. purchased 13,700 shares of the business’s stock in a transaction on Tuesday, October 22nd. The shares were bought at an average price of $10.71 per share, for a total transaction of $146,727.00. Following the acquisition, the insider now directly owns 74,915 shares in the company, valued at $802,339.65. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 6.70% of the company’s stock.
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.
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