On Tuesday, Veru Inc (NASDAQ: VERU) opened lower -8.78% from the last session, before settling in for the closing price of $0.72. Price fluctuations for VERU have ranged from $0.36 to $1.92 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -4.15%. Company’s average yearly earnings per share was noted 72.91% at the time writing. 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
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.85%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.23) by 0.11. 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
Check out the current performance indicators for Veru Inc (VERU). In the past 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 6.85.
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)
Compared to the last year’s volume of 1.66 million, its volume of 0.92 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.08%. Additionally, its Average True Range was 0.05.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 3.09%, which indicates a significant decrease from 6.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.44% in the past 14 days, which was lower than the 64.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8117, while its 200-day Moving Average is $0.8813. Nevertheless, the first resistance level for the watch stands at $0.7047 in the near term. At $0.7503, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7807. If the price goes on to break the first support level at $0.6287, it is likely to go to the next support level at $0.5983. Now, if the price goes above the second support level, the third support stands at $0.5527.
Veru Inc (NASDAQ: VERU) Key Stats
There are currently 146,384K shares outstanding in the company with a market cap of 96.47 million. Presently, the company’s annual sales total 16,300 K according to its annual income of -93,090 K. Last quarter, the company’s sales amounted to 3,950 K and its income totaled -10,970 K.
