Verb Technology Company Inc. (NASDAQ: VERB) is 58.18% higher on its value in year-to-date trading and has touched a low of $0.90 and a high of $3.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VERB stock was last observed hovering at around $2.88 in the last trading session, with the day’s loss setting it -0.27% off its average median price target of $3.15 for the next 12 months. It is also 34.75% off the consensus price target high of $4.00 offered by 3 analysts, but current levels are 5.09% higher than the price target low of $2.75 for the same period.
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Currently trading at $2.61, the stock is 22.72% and 37.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing -9.38% at the moment leaves the stock 92.35% off its SMA200. VERB registered 71.15% gain for a year compared to 6-month gain of 113.93%. The firm has a 50-day simple moving average (SMA 50) of $2.0068 and a 200-day simple moving average (SMA200) of $1.4331.
The stock witnessed a 46.63% loss in the last 1 month and extending the period to 3 months gives it a 143.93%, and is 19.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.27% over the week and 12.02% over the month.
Verb Technology Company Inc. (VERB) has around 83 employees, a market worth around $114.53M and $10.40M in sales. Distance from 52-week low is 190.00% and -15.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-113.50%).
Verb Technology Company Inc. (VERB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Verb Technology Company Inc. (VERB) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Verb Technology Company Inc. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at -$0.13 with sales reaching $3.22M over the same period.The EPS is expected to grow by 35.80% this year, but quarterly earnings will post 21.80% year-over-year. Quarterly sales are estimated to grow 29.60% in year-over-year returns.
Verb Technology Company Inc. (VERB) Top Institutional Holders
26 institutions hold shares in Verb Technology Company Inc. (VERB), with 4.53M shares held by insiders accounting for 9.70% while institutional investors hold 6.46% of the company’s shares. The shares outstanding are 41.22M, and float is at 38.38M with Short Float at 2.44%. Institutions hold 5.84% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 1.1 million shares valued at $1.81 million. The investor’s holdings represent 8.98% of the VERB Shares outstanding. As of Dec 30, 2020, the second largest holder is Renaissance Technologies, LLC with 0.39 million shares valued at $0.65 million to account for 3.23% of the shares outstanding. The other top investors are AWM Investment Company, Inc. which holds 0.3 million shares representing 2.46% and valued at over $0.49 million, while Kepos Capital Lp holds 2.34% of the shares totaling 0.29 million with a market value of $0.47 million.
Verb Technology Company Inc. (VERB) Insider Activity
A total of 9 insider transactions have happened at Verb Technology Company Inc. (VERB) in the last six months, with sales accounting for 0 and purchases happening 9 times.