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

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

Analyst Ratings Changes

Separately, Ascendiant Capital Markets decreased 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.

Verb Technology Stock Up 5.9 %

The business’s 50-day simple moving average is $7.31 and its 200-day simple moving average is $11.70. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01.

Verb Technology Company Profile

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.