Veru Inc (NASDAQ: VERU)’s stock price has gone decline by -0.61 in comparison to its previous close of 1.64, however, the company has experienced a 20.74% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that Veru Inc. (VERU) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, VERU’s 50-day simple moving average crossed above its 200-day simple moving average, known as a “golden cross.
Is It Worth Investing in Veru Inc (NASDAQ: VERU) Right Now?
Moreover, the 36-month beta value for VERU is -0.30. Analysts have varying opinions 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 8.79% of that float. On May 08, 2024, VERU’s average trading volume was 2.52M shares.
VERU’s Market Performance
VERU stock saw an increase of 20.74% in the past week, with a monthly gain of 58.25% and a quarterly increase of 269.87%. The volatility ratio for the week is 11.78%, and the volatility levels for the last 30 days are 18.36% for Veru Inc (VERU). The simple moving average for the last 20 days is 17.52% for VERU’s stock, with a simple moving average of 87.58% 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 71.06% 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 -15.10% of loss for the given period.
Volatility was left at 18.36%, however, over the last 30 days, the volatility rate increased by 11.78%, as shares surge +39.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +196.26% upper at present.
During the last 5 trading sessions, VERU rose by +20.74%, which changed the moving average for the period of 200-days by +26.36% in comparison to the 20-day moving average, which settled at $1.4100. In addition, Veru Inc saw 126.39% 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 13.32. 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 wrap up, the performance of Veru Inc (VERU) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
