A new trading day began on Friday, with Veru Inc (NASDAQ: VERU) stock price up 7.69% from the previous day of trading, before settling in for the closing price of $0.73. VERU’s price has ranged from $0.36 to $1.92 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales slid by -2.60% over the last five years. Meanwhile, its annual earnings per share averaged 6.25%. With a float of $125.73 million, this company’s outstanding shares have now reached $146.38 million.
The firm has a total of 210 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Veru Inc is 14.11%, while institutional ownership is 41.22%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.25% per share during the next fiscal year.
Veru Inc (NASDAQ: VERU) Trading Performance Indicators
Here are Veru Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.78.
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 -0.32 in one year’s time.
Technical Analysis of Veru Inc (VERU)
Analysing the last 5-days average volume posted by the [Veru Inc, VERU], we can find that recorded value of 2.54 million was better than the volume posted last year of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 45.78%. Additionally, its Average True Range was 0.08.
During the past 100 days, Veru Inc’s (VERU) raw stochastic average was set at 48.77%, which indicates a significant decrease from 64.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.34% in the past 14 days, which was higher than the 66.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6988, while its 200-day Moving Average is $0.9095. Now, the first resistance to watch is $0.8206. This is followed by the second major resistance level at $0.8595. The third major resistance level sits at $0.9124. If the price goes on to break the first support level at $0.7288, it is likely to go to the next support level at $0.6759. Should the price break the second support level, the third support level stands at $0.6370.
Veru Inc (NASDAQ: VERU) Key Stats
With a market capitalization of 114.44 million, the company has a total of 146,384K Shares Outstanding. Currently, annual sales are 16,890 K while annual income is -37,800 K. The company’s previous quarter sales were 6,660 K while its latest quarter income was -8,530 K.
