Verb Technology (NASDAQ:VERB) Price Target Lowered to $4.00 at Ascendiant Capital Markets

Verb Technology (NASDAQ:VERB) had its target price reduced by Ascendiant Capital Markets from $4.50 to $4.00 in a report released on Tuesday, Benzinga reports. They currently have a buy rating on the stock.

Verb Technology Price Performance

Shares of VERB stock opened at $0.08 on Tuesday. The stock has a fifty day moving average price of $0.09 and a 200 day moving average price of $0.15. Verb Technology has a 1 year low of $0.06 and a 1 year high of $3.30. The company has a quick ratio of 4.52, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

Verb Technology (NASDAQ:VERB) last issued its quarterly earnings data 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 firm 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%.

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.