Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Veru Inc (NASDAQ: VERU) was $0.65 for the day, up 5.94% from the previous closing price of $0.62. In other words, the price has increased by $5.94 from its previous closing price. On the day, 2.97 million shares were traded.
Ratios:
Our analysis of VERU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.80 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on May 14, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On March 28, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $3.
Jefferies Upgraded its Underperform to Hold on June 07, 2023, while the target price for the stock was maintained at $1.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 18 ’25 when Rankowitz Michael L bought 95,279 shares for $0.55 per share. The transaction valued at 52,432 led to the insider holds 195,279 shares of the business.
Rankowitz Michael L bought 54,721 shares of VERU for $31,919 on Feb 19 ’25. The Director now owns 250,000 shares after completing the transaction at $0.58 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.02 while its Price-to-Book (P/B) ratio in mrq is 4.55.
Stock Price History:
Over the past 52 weeks, VERU has reached a high of $1.42, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 22.22%, while the 200-Day Moving Average is calculated to be -2.81%.
Shares Statistics:
A total of 146.58M shares are outstanding, with a floating share count of 119.15M. Insiders hold about 18.71% of the company’s shares, while institutions hold 27.62% stake in the company.
