Verb Technology (NASDAQ:TONX) Issues Earnings Results

Verb Technology (NASDAQ:TONX) issued its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. Verb Technology had a negative net margin of 1,416.59% and a negative return on equity of 78.40%.

Verb Technology Price Performance

Shares of NASDAQ:TONX opened at $3.05 on Tuesday. Verb Technology has a 52-week low of $1.75 and a 52-week high of $22.91. The firm has a market cap of $172.42 million, a P/E ratio of -1.07 and a beta of 0.68. The firm has a 50-day moving average price of $3.17.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Verb Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Insiders Place Their Bets

In other Verb Technology news, CFO Sarah Josephine Olsen purchased 7,440 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $3.62 per share, with a total value of $26,932.80. Following the completion of the transaction, the chief financial officer directly owned 7,440 shares in the company, valued at $26,932.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 21.43% of the stock is currently owned by company insiders.

Verb Technology Company Profile

Verb Technology Company, Inc is a software-as-a-service company focused on interactive video-based sales and marketing solutions. The company’s technology is designed to help businesses engage customers, promote products, and drive online commerce through live and recorded video experiences.

Verb’s platform has included tools for customer engagement, event hosting, and digital commerce, with a particular emphasis on enabling sales teams and content creators to communicate directly with audiences in an interactive format.