A new trading day began on Tuesday, with Veru Inc (NASDAQ: VERU) stock price down -3.61% from the previous day of trading, before settling in for the closing price of $0.81. VERU’s price has ranged from $0.36 to $1.92 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 16.77%. Meanwhile, its annual earnings per share averaged 72.91%. With a float of $125.73 million, this company’s outstanding shares have now reached $146.38 million.
In terms of profitability, gross margin is 33.41%, operating margin of -378.3%, and the pretax margin is -370.49%.
Veru Inc (VERU) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.99%. The most recent insider transaction that took place on May 24 ’24, was worth 5,000. In this transaction Chief Corporate Officer of this company bought 4,000 shares at a rate of $1.25, taking the stock ownership to the 774,736 shares. Before that another transaction happened on May 24 ’24, when Company’s Chief Scientific Officer bought 5,000 for $1.34, making the entire transaction worth $6,696. This insider now owns 5,000 shares in total.
Veru Inc (VERU) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.12 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.91% per share during the next fiscal year.
Veru Inc (NASDAQ: VERU) Trading Performance Indicators
Here are Veru Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Veru Inc (VERU)
Looking closely at Veru Inc (NASDAQ: VERU), its last 5-days average volume was 0.51 million, which is a drop from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 13.81%. Additionally, its Average True Range was 0.05.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 4.93%, which indicates a significant increase from 4.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.03% in the past 14 days, which was lower than the 75.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8728, while its 200-day Moving Average is $0.8565. However, in the short run, Veru Inc’s stock first resistance to watch stands at $0.8109. Second resistance stands at $0.8388. The third major resistance level sits at $0.8551. If the price goes on to break the first support level at $0.7667, it is likely to go to the next support level at $0.7504. Now, if the price goes above the second support level, the third support stands at $0.7225.
Veru Inc (NASDAQ: VERU) Key Stats
With a market capitalization of 114.63 million, the company has a total of 146,384K Shares Outstanding. Currently, annual sales are 16,300 K while annual income is -93,090 K. The company’s previous quarter sales were 3,950 K while its latest quarter income was -10,970 K.
