Veru Inc (NASDAQ: VERU) on Monday, plunged -5.96% from the previous trading day, before settling in for the closing price of $0.68. Within the past 52 weeks, VERU’s price has moved between $0.36 and $1.92.
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Annual sales at Healthcare sector company slipped by -2.60% over the past five years. The company achieved an average annual earnings per share of 0.00%. With a float of $125.73 million, this company’s outstanding shares have now reached $146.38 million.
Let’s look at the performance matrix of the company that is accounted for 210 employees. In terms of profitability, gross margin is 34.67%, operating margin of -224.05%, and the pretax margin is -219.56%.
Veru Inc (VERU) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.17%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.00% per share during the next fiscal year.
Veru Inc (NASDAQ: VERU) Trading Performance Indicators
Veru Inc (VERU) is currently performing well based on its current performance indicators. A quick ratio of 2.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Veru Inc (VERU)
Veru Inc (NASDAQ: VERU) saw its 5-day average volume 1.17 million, a negative change from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 30.51%. Additionally, its Average True Range was 0.07.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 14.27%, which indicates a significant decrease from 16.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.60% in the past 14 days, which was higher than the 63.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7185, while its 200-day Moving Average is $0.9047. Nevertheless, the first resistance level for the watch stands at $0.6790 in the near term. At $0.7225, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7460. If the price goes on to break the first support level at $0.6120, it is likely to go to the next support level at $0.5885. Assuming the price breaks the second support level, the third support level stands at $0.5450.
Veru Inc (NASDAQ: VERU) Key Stats
Market capitalization of the company is 93.03 million based on 146,384K outstanding shares. Right now, sales total 16,890 K and income totals -37,800 K. The company made 6,660 K in profit during its latest quarter, and -8,530 K in sales during its previous quarter.
