Verb Technology Company Inc. (VERB) shares are trading at higher $1.22 and the avg recommendation for the stock is Moderate Buy.
To add more color to this target, the company’s high over the last year is $2.64 and the low is $0.78. Over the last 52 weeks, VERB is up 49.95% while the S&P 500 is up 18.53%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, VERB reported a profit of $1.55 million. Verb Technology Company Inc. also saw revenues increase to $2.86 million. In addition, VERB has free cash flow of -$10.11 million as of 09-2020. The company’s EBITDA came in at -$7.26 million which compares well with its peers.
VERB Return on Equity (ROE) is -183.30%, and its Return on Assets is -75.40%. All told, it is clear that, VERB needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. VERB has a short ratio of 0.33 and outstanding shares of 41.22M.
VERB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.76 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.84. Verb Technology Company Inc. VERB also noted assets of $42.58 million at the end of the last quarter. Investors should also keep an eye on sector updates as VERB has historically followed its peers on positive news.
All told, Verb Technology Company Inc. VERB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, VERB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Verb Technology Company Inc. VERB is now commanding a market cap of 52.30M and a float of 39.52M. VERB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of VERB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in VERB, either long or short, and we have not been compensated for this article.