Verb Technology (NASDAQ:VERB) Stock Price Down 5.7%

Shares of Verb Technology Company, Inc. (NASDAQ:VERB) fell 5.7% on Thursday . The company traded as low as $0.25 and last traded at $0.27. Approximately 19,471,652 shares were traded during mid-day trading, an increase of 4% from the average session volume of 18,806,418 shares. The stock had previously closed at $0.28.

Verb Technology Trading Down 5.7 %

The company has a market cap of $1.19 million, a P/E ratio of -0.02 and a beta of 0.66. The company has a 50 day moving average price of $0.19 and a 200-day moving average price of $0.33.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. UBS Group AG increased its holdings in shares of Verb Technology by 206.6% during the fourth quarter. UBS Group AG now owns 164,465 shares of the company’s stock worth $26,000 after buying an additional 110,824 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Verb Technology during the second quarter worth about $42,000. Citadel Advisors LLC increased its stake in shares of Verb Technology by 486.2% in the third quarter. Citadel Advisors LLC now owns 98,349 shares of the company’s stock valued at $46,000 after buying an additional 81,571 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Verb Technology by 26.2% in the second quarter. Price T Rowe Associates Inc. MD now owns 104,900 shares of the company’s stock valued at $55,000 after buying an additional 21,800 shares during the period. Finally, State Street Corp boosted its position in Verb Technology by 32.1% during the 3rd quarter. State Street Corp now owns 276,835 shares of the company’s stock worth $130,000 after buying an additional 67,300 shares during the period. Institutional investors and hedge funds own 7.24% of the company’s stock.

Verb Technology Company Profile

Verb Technology Company, Inc develops Software-as-a-Service applications platform. It offers verbLIVE, an interactive livestream eCommerce and shoppable video and webinar application; verbCRM, a white-labelled interactive video-based customer relationship management application; verbTEAMS, a self on-boarding version of verbCRM with built-in verbLIVE for small businesses and solo entrepreneurs; verbLEARN, an interactive video and gamified learning management system application; and verbMAIL, an interactive video mail solution integrated into Microsoft Outlook.