Currently, there are 146.38M common shares owned by the public and among those 125.73M shares have been available to trade.
The company’s stock has a 5-day price change of -34.89% and -27.38% over the past three months. VERU shares are trading -2.37% year to date (YTD), with the 12-month market performance up to 49.12% higher. It has a 12-month low price of $0.36 and touched a high of $1.92 over the same period. VERU has an average intraday trading volume of 1.69 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.37%, -13.64%, and -30.57% respectively.
Institutional ownership of Veru Inc (NASDAQ: VERU) shares accounts for 41.39% of the company’s 146.38M shares outstanding.
It has a market capitalization of $92.97M and a beta (3y monthly) value of -0.39. The earnings-per-share (ttm) stands at -$0.28. Price movements for the stock have been influenced by the stock’s volatility, which stands at 22.37% over the week and 16.27% over the month.
Analysts forecast that Veru Inc (VERU) will achieve an EPS of -0.08 for the current quarter, -0.05 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.08 while analysts give the company a high EPS estimate of -0.08. Comparatively, EPS for the current quarter was -0.09 a year ago. Earnings per share for the fiscal year are expected to increase by 6.25%, and -21.90% over the next financial year. EPS should grow at an annualized rate of -7.72% over the next five years, compared to -8.11% over the past 5-year period.
Looking at the support for the VERU, a number of firms have released research notes about the stock. B. Riley Securities stated their Buy rating for the stock in a research note on May 14, 2024, with the firm’s price target at $5. Raymond James coverage for the Veru Inc (VERU) stock in a research note released on March 28, 2024 offered a Outperform rating with a price target of $3. Jefferies was of a view on June 07, 2023 that the stock is Hold, while Jefferies gave the stock Buy rating on April 13, 2021, issuing a price target of $19. H.C. Wainwright on their part issued Buy rating on February 09, 2021.
