VERU has 36-month beta value of -0.39. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VERU is 125.73M, and currently, short sellers hold a 7.88% ratio of that float. The average trading volume of VERU on April 15, 2024 was 2.24M shares.
VERU) stock’s latest price update
Veru Inc (NASDAQ: VERU) has seen a decline in its stock price by -15.08 in relation to its previous close of 1.79. However, the company has experienced a 64.31% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-02-15 that Penny stocks will always provide us with investment opportunities in the event that we do not have a completely high buying power and do not want to buy fractional shares. In the large ecosystem of companies that make life in the financial markets, we can always identify good investment opportunities that allow us to add value to our portfolio and our wealth.
VERU’s Market Performance
Veru Inc (VERU) has seen a 64.31% rise in stock performance for the week, with a 137.13% gain in the past month and a 247.19% surge in the past quarter. The volatility ratio for the week is 28.60%, and the volatility levels for the past 30 days are at 13.96% for VERU. The simple moving average for the last 20 days is 90.15% for VERU stock, with a simple moving average of 77.88% for the last 200 days.
Analysts’ Opinion of VERU
Many brokerage firms have already submitted their reports for VERU stocks, with Raymond James repeating the rating for VERU by listing it as a “Outperform.” The predicted price for VERU in the upcoming period, according to Raymond James is $3 based on the research report published on March 28, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see VERU reach a price target of $1. The rating they have provided for VERU stocks is “Hold” according to the report published on June 07th, 2023.
Jefferies gave a rating of “Buy” to VERU, setting the target price at $19 in the report published on April 13th of the previous year.
VERU Trading at 137.66% from the 50-Day Moving Average
After a stumble in the market that brought VERU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.83% of loss for the given period.
Volatility was left at 13.96%, however, over the last 30 days, the volatility rate increased by 28.60%, as shares surge +153.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +211.67% upper at present.
During the last 5 trading sessions, VERU rose by +64.31%, which changed the moving average for the period of 200-days by +35.71% in comparison to the 20-day moving average, which settled at $0.8453. In addition, Veru Inc saw 111.11% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VERU
Current profitability levels for the company are sitting at:
- -3.96 for the present operating margin
- 0.5 for the gross margin
The net margin for Veru Inc stands at -4.05. The total capital return value is set at -0.99. Equity return is now at value -128.27, with -70.07 for asset returns.
Based on Veru Inc (VERU), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -5.53. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is -36.67.
Currently, EBITDA for the company is -94.7 million with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of 12.31. The receivables turnover for the company is 6.68for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.21.
Conclusion
To put it simply, Veru Inc (VERU) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
