Veru Inc (VERU) concluded trading on Thursday at a closing price of $1.28, with 6.69 million shares of worth about $8.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.28% during that period and on January 23, 2025 the price saw a gain of about 23.08%. 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 72.86% in past 5 days and over the past one month there was a price change of 103.50%. Year-to-date (YTD), VERU shares are showing a performance of 96.77% which increased to 223.23% 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 1.54 million. The stock is currently trading 62.11% above its 20-day simple moving average (SMA20), while that difference is up 75.91% for SMA50 and it goes to 39.66% higher than SMA200.
Veru Inc (NASDAQ: VERU) currently have 146.38M outstanding shares and institutions hold larger chunk of about 41.38% of that.
The stock has a current market capitalization of $187.37M and its 3Y-monthly beta is at -0.44. 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 19.23% while standing at 14.70% over the month.
Analysts are in expectations that Veru Inc (VERU) stock would likely to be making an EPS of -0.08 in the current quarter, while forecast for next quarter EPS is -0.05 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.08 which is -0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.09 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 6.71% while it is estimated to decrease by -21.96% in next year.
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.
