Upward Trajectory: Veru Inc (VERU) Posts a Slidee, Closing at 1.63

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Veru Inc (NASDAQ: VERU) was $1.63 for the day, down -0.61% from the previous closing price of $1.64. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 2.08 million shares were traded. VERU stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.6.

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 2.79 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.24.

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, Raymond James on March 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $3.

On June 07, 2023, Jefferies Upgraded its rating to Hold which previously was Underperform but kept the price unchanged to $1.

On April 13, 2021, Jefferies started tracking the stock assigning a Buy rating and target price of $19.Jefferies initiated its Buy rating on April 13, 2021, with a $19 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERU now has a Market Capitalization of 238601024 and an Enterprise Value of 212330656. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.98 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 13.329 whereas that against EBITDA is -2.828.

Stock Price History:

Over the past 52 weeks, VERU has reached a high of $1.92, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 71.06%, while the 200-Day Moving Average is calculated to be 87.58%.

Shares Statistics:

VERU traded an average of 2.52M shares per day over the past three months and 2580800 shares per day over the past ten days. A total of 146.38M shares are outstanding, with a floating share count of 125.73M. Insiders hold about 14.11% of the company’s shares, while institutions hold 46.36% stake in the company. Shares short for VERU as of 1713139200 were 11051921 with a Short Ratio of 4.38, compared to 1710460800 on 9504183. Therefore, it implies a Short% of Shares Outstanding of 11051921 and a Short% of Float of 8.450000000000001.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.71.

Most Popular

[the_ad id="945"]