Veru Inc (NASDAQ: VERU) kicked off on Friday, down -3.15% from the previous trading day, before settling in for the closing price of $0.73. Over the past 52 weeks, VERU has traded in a range of $0.36-$1.92.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -4.15%. While this was happening, its average annual earnings per share was recorded 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 -377.52%, and the pretax margin is -370.49%.
Veru Inc (VERU) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.12%. 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) Earnings and Forecasts
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
Take a look at Veru Inc’s (VERU) current performance indicators. Last quarter, 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 7.12.
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 0.98 million, which is a drop from its year-to-date volume of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 70.53%. Additionally, its Average True Range was 0.05.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 23.91%, which indicates a significant decrease from 63.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.21% in the past 14 days, which was higher than the 61.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7673, while its 200-day Moving Average is $0.8940. However, in the short run, Veru Inc’s stock first resistance to watch stands at $0.7328. Second resistance stands at $0.7578. The third major resistance level sits at $0.7758. If the price goes on to break the first support level at $0.6898, it is likely to go to the next support level at $0.6718. Should the price break the second support level, the third support level stands at $0.6468.
Veru Inc (NASDAQ: VERU) Key Stats
The company with the Market Capitalisation of 100.34 million has total of 146,384K Shares Outstanding. Its annual sales at the moment are 16,300 K in contrast with the sum of -93,090 K annual income. Company’s last quarter sales were recorded 3,950 K and last quarter income was -10,970 K.
