Tomorrow Is Not Likely To Be Same For Veru Inc (VERU)

Veru Inc (VERU) concluded trading on Thursday at a closing price of $0.53, with 6.36 million shares of worth about $3.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.25% during that period and on February 13, 2025 the price saw a loss of about -4.45%. 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 -9.57% in past 5 days and over the past one month there was a price change of -29.32%. Year-to-date (YTD), VERU shares are showing a performance of -19.22% which increased to 35.61% 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 3.13 million. The stock is currently trading -26.95% below its 20-day simple moving average (SMA20), while that difference is down -26.17% for SMA50 and it goes to -39.14% lower than SMA200.

Veru Inc (NASDAQ: VERU) currently have 146.38M outstanding shares and institutions hold larger chunk of about 36.50% of that.

The stock has a current market capitalization of $76.92M and its 3Y-monthly beta is at -0.47. 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 10.50% while standing at 15.57% over the month.

Stock’s fiscal year EPS is expected to rise by 7.14% while it is estimated to decrease by -23.08% in next year. EPS is likely to grow at an annualized rate of -7.72% for next 5-years, compared to annual growth of -8.11% made by the stock over the past 5-years.

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.

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