Verb Technology Company Inc (NASDAQ: VERB): Is This The Time To Buy?

Verb Technology Company Inc (NASDAQ:VERB)’s traded shares stood at 19.52 million during the last session, with the company’s beta value hitting 0.67. At the close of trading, the stock’s price was $0.26, to imply a decrease of -5.69% or -$0.02 in intraday trading. The VERB share’s 52-week high remains $5.11, putting it -1865.38% down since that peak but still an impressive 57.69% since price per share fell to its 52-week low of $0.11. The company has a valuation of $6.66M, with an average of 109.44 million shares in intraday trading volume over the past 10 days and average of 18.24 million shares over the past 3 months.

Verb Technology Company Inc (NASDAQ:VERB) trade information

After registering a -5.69% downside in the last session, Verb Technology Company Inc (VERB) has traded red over the past five days. The stock hit a weekly high of 0.4038, dropping -5.69% in its intraday price action. The 5-day price performance for the stock is -7.02%, and 62.78% over 30 days. With these gigs, the year-to-date price performance is 53.98%. Short interest in Verb Technology Company Inc (NASDAQ:VERB) saw shorts transact 0.39 million shares and set a 0.01 days time to cover.

Verb Technology Company Inc (VERB) estimates and forecasts

Revenue is forecast to grow 90.00% this quarter before jumping 92.50% for the next one. The rating firms project that company’s revenue will shrink -75.60% compared to the previous financial year.

Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $100k.Earnings reports from the last fiscal year show that sales brought in $2.16 million and $2.21 million respectively in the corresponding quarters.

VERB Dividends

Verb Technology Company Inc has its next earnings report out between April 15 and April 19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Verb Technology Company Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Verb Technology Company Inc (NASDAQ:VERB)’s Major holders

Verb Technology Company Inc insiders hold 4.82% of total outstanding shares, with institutional holders owning 1.53% of the shares at 1.61% float percentage. In total, 1.53% institutions holds shares in the company, led by Sabby Management, LLC. As of Jun 29, 2023, the company held over 0.13 million shares (or 2.89% of shares), all amounting to roughly $0.14 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 30631.0 shares, or about 0.68% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $33081.0.

We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Verb Technology Company Inc (VERB) shares. Going by data provided on Jun 29, 2023, Vanguard Extended Market Index Fund holds roughly 23175.0 shares. This is just over 0.51% of the total shares, with a market valuation of $25029.0. Data from the same date shows that the other fund manager holds a little less at 8540.0, or 0.19% of the shares, all valued at about 12468.0.