VERB has possibly developed strong potential support as it now trades above 3 key lines in its:
- 50-Day Simple Moving Average (SMA),
- 200-Day Simple Moving Average, and its
- 13-Day Exponential Moving Average (EMA).
The more potential support builds up, the more possibility for a continued vertical move up the charts.
Additionally, as of close Tuesday, VERB was trading above its 5-Day EMA and its 13-Day EMA.
On top of that, its 5-Day EMA is trading above its 13-Day EMA which signals a profile that has been trending in the right direction in the short term and could be gaining momentum.
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Your No. 3 Potential VERB Catalyst - Analyst Coverage
Back in January, Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Verb Technology to $2.75 from $2 and kept a "Buy" rating on the shares.
Recent product launches, including checks that suggest verbLIVE was recently launched, give him greater confidence that Verb will see accelerated revenue growth in 2021.
Litchfield Hills Research analyst Theodore O'Neill reinstates coverage on Verb technology Co. Inc. with a "Buy" rating and a price target of $4.00.
As you can see from these two targets, multiple analysts currently see VERB as undervalued from Tuesday's closing valuation.
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Your No. 4 Potential VERB Catalyst - #1 Ranking For App
VERB Technology Ranked #1 by Social Selling News’ Rankings for Direct Selling Apps
VERB’s industry-leading sales enablement platform continues to gain traction with enterprise clients as provider with the most number of direct selling clients
NEWPORT BEACH, Calif. and SALT LAKE CITY, Jan. 08, 2021 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it was ranked first in Social Selling News’ January 2021 The Ranks list for companies that provide apps for direct selling, ranked by the number of clients invoiced over the past 12 months. VERB led the list with 103 direct selling clients, almost double its closest competitors, confirming its dominant position in the direct selling industry.
[...]
“We are thrilled to see continued traction for the VERB platform,” said Rory J. Cutaia, VERB CEO. “With verbLIVE, our livestream ecommerce solution that we are showcasing at CES 2021 next week, our users are seeing higher productivity as they are able to increase client and prospect engagement and drive sales conversion rates remotely, in a friction-free, video-based setting that also provides useful real-time analytics on viewer engagement. We look forward to continuing our strong 2020 momentum throughout 2021.”
Read the full article here.
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Your No. 5 Potential VERB Catalyst - AppExchange Demo Jam Competition Champ
VERB Wi-ns Salesforce’s November AppExchange Demo Jam for Productivity Apps
- McKinley Oswald, VERB’s President of Global Sales, provided a wi-nning demo of VERB’s livestream ecommerce and webinar offering, verbLIVE, in a medical device sales setting
- verbLIVE demo chosen by a live virtual audience of clients and AppExchange Partners
NEWPORT BEACH, Calif. and SALT LAKE CITY, Dec. 01, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it won Salesforce’s November AppExchange Demo Jam competition.
[...]
“We are thrilled to have earned this recognition from clients and our AppExchange Partner peers,” said Rory J. Cutaia, VERB CEO. “We fully integrated verbLIVE into the Salesforce platform in July, and while we only just made it available on the AppExchange marketplace in August, we have already gained significant traction in the form of user downloads from Salesforce users. Approximately 75% of clients of our medical sales enablement business from the recent SoloFire acquisition, which McKinley used for this demo, are on the Salesforce platform, giving us a tremendous opportunity to leverage this strong Salesforce user base and meaningfully grow the number of verbLIVE users.”
Read the full article here.
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Top 5 Potential Catalysts Recap - (VERB)
No. 1 - Bullish Technicals
No. 2 - Chart Growth/Trading From Support
No. 3 - Analyst Coverage
No. 4 - #1 Ranking For App
No. 5 - AppExchange Demo Jam Competition Champ
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Coverage is officially initiated on VERB. When you have a moment later, do this:
