Veru Inc (NASDAQ:VERU) does about 2.58M shares in volume on a normal day but saw 1931643 shares change hands in Monday trading. The company now has a market cap of 240.06M USD. Its current market price is $1.64, marking an increase of 0.61% compared to the previous close of $1.63. The 52 week high reached by this stock is $1.92 whilst the lowest price level in 52 weeks is $0.36.
Veru Inc (VERU) has a 20-day trading average at $1.3870 and the current price is -14.58% off the 52-week high compared with 355.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9529 and its 200-day simple moving average is $0.8690. If we look at the stock’s price movements over the week, volatility stands at 13.07%, which increases to 19.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 67.43 to suggest the stock is neutral.
The consensus objective for the share price is $3.67, suggesting that the stock has a potential upside of 55.31% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 28, 2024 when Raymond James initiated the stock to “Outperform” and issued a price target of $3. Jefferies upgraded the stock to “Hold” from Underperform on June 07, 2023 at a price target of $1. Jefferies initiated its price target at $19.
Veru Inc (VERU) stock is up 31.20% over the week and 77.28% over the past month. Its price is 127.78% year-to-date and 29.13% over the past year.
To reach the target analysts have set, the stock logically needs to grow 55.31 percent from here.
The company has a return on investment of -101.01% and return on equity of -128.27%. The beta has a value of -0.31. Price to book ratio is 4.65 and price to sales ratio is 15.07.
