Veru Inc (VERU) concluded trading on Tuesday at a closing price of $0.65, with 7.13 million shares of worth about $4.64 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -31.78% during that period and on December 31, 2024 the price saw a gain of about 2.36%. Currently the company’s common shares owned by public are about 146.38M shares, out of which, 125.73M shares are available for trading.
Stock saw a price change of 0.54% in past 5 days and over the past one month there was a price change of -8.08%. Year-to-date (YTD), VERU shares are showing a performance of -9.65% which decreased to -9.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.36 but also hit the highest price of $1.92 during that period. The average intraday trading volume for Veru Inc shares is 969.59K. The stock is currently trading -6.17% below its 20-day simple moving average (SMA20), while that difference is down -8.97% for SMA50 and it goes to -28.13% lower than SMA200.
Veru Inc (NASDAQ: VERU) currently have 146.38M outstanding shares and institutions hold larger chunk of about 41.17% of that.
The stock has a current market capitalization of $97.47M and its 3Y-monthly beta is at -0.52. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 2.62 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VERU, volatility over the week remained 15.99% while standing at 11.80% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on May 14, 2024 offering a Buy rating for the stock and assigned a target price of $5 to it. Coverage by Raymond James stated Veru Inc (VERU) stock as an Outperform in their note to investors on March 28, 2024, suggesting a price target of $3 for the stock. On June 07, 2023, Jefferies Upgrade their recommendations, while on April 13, 2021, Jefferies Initiated their ratings for the stock with a price target of $19. Stock get a Buy rating from H.C. Wainwright on February 09, 2021.
