On Tuesday, Veru Inc (NASDAQ: VERU) was -2.99% drop from the session before settling in for the closing price of $0.94. A 52-week range for VERU has been $0.36 – $1.92.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 16.77%. When this article was written, the company’s average yearly earnings per share was at 75.82%. With a float of $125.96 million, this company’s outstanding shares have now reached $146.38 million.
Veru Inc (VERU) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veru Inc stocks. The insider ownership of Veru Inc is 13.95%, while institutional ownership is 37.10%. The most recent insider transaction that took place on May 24 ’24, was worth 6,696. In this transaction Chief Scientific Officer of this company bought 5,000 shares at a rate of $1.34, taking the stock ownership to the 5,000 shares. Before that another transaction happened on May 24 ’24, when Company’s Chief Corporate Officer bought 4,000 for $1.25, making the entire transaction worth $5,000. This insider now owns 774,736 shares in total.
Veru Inc (VERU) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 75.82% per share during the next fiscal year.
Veru Inc (NASDAQ: VERU) Trading Performance Indicators
You can see what Veru Inc (VERU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Veru Inc (VERU)
Compared to the last year’s volume of 2.19 million, its volume of 0.59 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.11%. Additionally, its Average True Range was 0.08.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 27.04%, which indicates a significant increase from 20.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.67% in the past 14 days, which was lower than the 116.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9640, while its 200-day Moving Average is $0.8730. Nevertheless, the first resistance level for the watch stands at $0.9428 in the near term. At $0.9725, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0039. If the price goes on to break the first support level at $0.8817, it is likely to go to the next support level at $0.8503. Should the price break the second support level, the third support level stands at $0.8206.
Veru Inc (NASDAQ: VERU) Key Stats
There are 146,384K outstanding shares of the company, which has a market capitalization of 133.66 million. As of now, sales total 16,300 K while income totals -93,090 K. Its latest quarter income was 4,140 K while its last quarter net income were -10,030 K.
