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

Verb Technology (NASDAQ:VERB) had its price target trimmed by Ascendiant Capital Markets from $4.50 to $4.00 in a research report report published on Tuesday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Verb Technology Price Performance

Shares of VERB stock opened at $0.07 on Tuesday. 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 has a fifty-two week low of $0.06 and a fifty-two week high of $2.54. The stock’s 50-day moving average is $0.09 and its two-hundred day moving average is $0.15.

Verb Technology (NASDAQ:VERB) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Verb Technology had a negative return on equity of 165.56% and a negative net margin of 11,568.63%. The business had revenue of $0.04 million for the quarter.

About Verb Technology

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.