Verb Technology (NASDAQ:VERB) Shares Down 1.7% – Here’s What Happened

Verb Technology Company, Inc. (NASDAQ:VERBGet Free Report) was down 1.7% during trading on Monday . The company traded as low as $5.65 and last traded at $5.73. Approximately 36,019 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 40,513 shares. The stock had previously closed at $5.83.

Wall Street Analyst Weigh In

Separately, Ascendiant Capital Markets cut their target price on shares of Verb Technology from $800.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, November 11th.

Check Out Our Latest Stock Analysis on VERB

Verb Technology Stock Performance

The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $7.31 and a 200-day moving average of $11.70.

Verb Technology Company Profile

(Get Free Report)

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.

Further Reading

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