Veru Inc (NASDAQ:VERU) currently has a daily average trading volume of 2.48M but it saw 3227387 shares traded in last market. With a market cap of 218.11M USD, the company’s current market price of $1.49 came rising about 10.37 while comparing to the previous closing price of $1.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.92 and as low as $0.36.
Taking a look at 20-day trading activity of Veru Inc (VERU) gives us an average price of $1.2808, while its current price level is -22.40% below from 52-week high level whereas it is 313.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8876 while that of 200 days or SMA-200 reads an average of $0.8643. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.60% during that period while stretching the period over a month that increases to 18.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.73 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which initiated the stock as “Outperform” in its note to investors issued on March 28, 2024, recommending a price target of $3 for it. Jefferies upgraded its recommendation for the stock as a “Hold” from “Underperform” on June 07, 2023 while assigning a price target of $1. Jefferies also issued its recommendations for the stock as it initiated the price target for the stock is $19.
Over the week, VERU’s stock price is moving 12.88% up while it is 92.46% when we observe its performance for the past one month. Year-to-date it is 106.94% up and over the past year, the stock is showing an upside performance of 11.19%.
Currently, Veru Inc’s total number of outstanding shares is 146.38M. Company’s return on investment (ROI) stands at -101.01% and return on equity (ROE) at -128.27%. Stock’s beta reads -0.47. Stock has a price to book (P/B) ratio of 4.23 while price to sale or P/S ratio amounts to 13.69. Its return on asset (ROA) is -70.07% on average.
