Ault Global Holdings Updates Holdings in Verb Tech

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Fintel reports that Ault Global Holdings has filed a 13G/A form with the SEC disclosing ownership of 7.52MM shares of Verb Technology Company Inc (VERB). This represents 4.69% of the company.

In their previous filing dated May 6, 2022 they reported 5.33MM shares and 5.27% of the company, an increase in shares of 41.02% and a decrease in total ownership of 0.58% (calculated as current - previous percent ownership).

Analyst Price Forecast Suggests 1,051.89% Upside

As of February 12, 2023, the average one-year price target for Verb Technology is $2.04. The forecasts range from a low of $1.01 to a high of $3.15. The average price target represents an increase of 1,051.89% from its latest reported closing price of $0.18.

The projected annual revenue for Verb Technology is $14MM, an increase of 35.52%. The projected annual EPS is -$0.12.

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