Verb Technology Company, Inc. (NASDAQ:VERB) experienced a 19.8% increase in its share price during mid-day trading on Monday. The stock reached a high of $0.20 and closed at $0.20. A total of 55,136,082 shares were traded, a significant increase from the average daily volume. Prior to this, the stock had closed at $0.16.
The company’s financial metrics include a debt-to-equity ratio of 0.01, a current ratio of 2.35, and a quick ratio of 2.35. Its fifty-day simple moving average is $0.18 and the 200-day simple moving average is $0.18. Verb Technology reported earnings of ($0.11) per share for the quarter, with a negative net margin of 29,301.47% and a negative return on equity of 632.48%. The company generated $0.01 million in revenue during the quarter.
Verb Technology Company, Inc. offers Software-as-a-Service applications platform through its subsidiaries. It provides MARKET.live, a livestream social shopping platform that enables brands, retailers, and creators to host shopping events on various social media channels. The company also offers services such as event production, hosting, consulting, drop ship, and creator programs.
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