On Tuesday, Veru Inc (NASDAQ: VERU) was 1.02% up from the session before settling in for the closing price of $0.73. A 52-week range for VERU has been $0.36 – $1.92.
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Annual sales at Healthcare sector company slipped by -4.15% over the past five years. When this article was written, the company’s average yearly earnings per share was at 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veru Inc stocks. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.75%. 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) Performance Highlights and Predictions
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
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 3.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.70.
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)
Veru Inc (NASDAQ: VERU) saw its 5-day average volume 0.97 million, a negative change from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 13.55%. Additionally, its Average True Range was 0.06.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 5.17%, which indicates a significant decrease from 10.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.36% in the past 14 days, which was lower than the 63.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8237, while its 200-day Moving Average is $0.8743. Nevertheless, the first resistance level for the watch stands at $0.8065 in the near term. At $0.8717, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9125. If the price goes on to break the first support level at $0.7005, it is likely to go to the next support level at $0.6597. Assuming the price breaks the second support level, the third support level stands at $0.5945.
Veru Inc (NASDAQ: VERU) Key Stats
There are 146,384K outstanding shares of the company, which has a market capitalization of 108.50 million. As of now, sales total 16,300 K while income totals -93,090 K. Its latest quarter income was 3,950 K while its last quarter net income were -10,970 K.
