Analyzing Stock On Your Own: Veru Inc (NASDAQ: VERU)

Veru Inc (NASDAQ:VERU) does about 2.51M shares in volume on a normal day but saw 2677448 shares change hands in Tuesday’s trading. The company now has a market cap of 215.18M USD. Its current market price is $1.47, marking an increase of 10.53% compared to the previous close of $1.33. 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 $1.3898 and the current price is -23.44% off the 52-week high compared with 308.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0502 and its 200-day simple moving average is $0.8749. If we look at the stock’s price movements over the week, volatility stands at 13.86%, which increases to 14.06% 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 57.44 to suggest the stock is neutral.

The consensus objective for the share price is $3.44, suggesting that the stock has a potential upside of 57.27% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 14, 2024 when B. Riley Securities initiated the stock to “Buy” and issued a price target of $5. Jefferies upgraded its price target at $1.

Veru Inc (VERU) stock is down -9.82% over the week and -3.92% over the past month. Its price is 104.17% year-to-date and 28.95% over the past year.

To reach the target analysts have set, the stock logically needs to grow 57.27 percent from here.

The company has a return on investment of -62.57% and return on equity of -115.69%. The beta has a value of -0.32. Price to book ratio is 4.76 and price to sales ratio is 15.96.