On Friday, Veru Inc (NASDAQ: VERU) opened higher 7.50% from the last session, before settling in for the closing price of $0.63. Price fluctuations for VERU have ranged from $0.36 to $1.92 over the past 52 weeks.
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Annual sales at Healthcare sector company slipped by -4.15% over the past five years. 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 -377.52%, and the pretax margin is -370.49%.
Veru Inc (VERU) Insider and Institutional Ownership
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 41.07%. 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) Latest Financial update
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 7.54.
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 0.92 million, a negative change from its year-to-date volume of 1.64 million. As of the previous 9 days, the stock’s Stochastic %D was 42.40%. Additionally, its Average True Range was 0.05.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 18.02%, which indicates a significant decrease from 39.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.20% in the past 14 days, which was higher than the 63.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7733, while its 200-day Moving Average is $0.8875. Nevertheless, the first resistance level for the watch stands at $0.7006 in the near term. At $0.7263, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7646. If the price goes on to break the first support level at $0.6366, it is likely to go to the next support level at $0.5983. The third support level lies at $0.5726 if the price breaches the second support level.
Veru Inc (NASDAQ: VERU) Key Stats
There are currently 146,384K shares outstanding in the company with a market cap of 106.22 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.
