Veru Inc. (NASDAQ:VERU) went up by 6.13% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Drug Manufacturers – Specialty & Generic giant went up by $3.46 to trade ended Friday trading at $3.26. This is up from the $3.26 price recorded on Thursday’s trading session. Thanks to this latest performance, VERU is closer to the higher price 52-week target of $13.00 and further from the lowest price target of $6.00. Its performance from the start of the year has also been positive, with VERU up by 3.28% year-to-date.
Veru Inc. (VERU) started the day trading at $3.47 and recorded an intraday high of $3.57. It also recorded an intraday low of $3.35 during Friday’s trading session. Veru Inc. is a very active stock that recorded a trading volume that is more than 72.86% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1440645, which is more than 72.86 of the total average daily trading volume of 390.93K.
Veru Inc. (NASDAQ:VERU) 2020 Performance Impressive
The increase in VERU’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of VERU currently stands at $4.74, which is higher than the current trading price of the stock by 27.0%. However, VERU’s current trading price is -107.19% lower than the 52-week low price of $1.67. In terms of trading volume, Veru Inc. currently experienced healthy participation during the last trading session. 1440645 shares of Veru Inc. were traded on the stock exchange on Friday, which is more than 72.86% of the 390.93K average trading volume of the stock.
The performance of the stock has been positive over the past year. VERU’s performance over the past one year has seen it surge by 61.68%, while the stock has gone up by 24.01% in the last six months. The quarterly performance of VERU currently stands at 31.06%, and it is down by -6.99% in the last month. The only positive figure was from the weekly performance, which currently reads 3.59%. At the time of writing VERU’s report, the company has a total market cap of $215.49M, making it one of the largest publicly-traded companies in the world.Veru Inc. also has over 386 employees all over the world.
VERU Insider Activities
For Veru Inc., insiders hold 16.80% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 7,000 shares in 3 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Veru Inc. now hold 16.37M shares, which is over 13.93% of the total company stocks. Institutional investors currently hold a large chunk of the VERU shares, as they control 24.77% of the company’s total stock.
VERU Fundamental Analysis
For Veru Inc., the stock’s diluted earnings per share (EPS) stands at -0.15. In the coming year, analysts expect the EPS to be -0.05. The stock’s EPS growth this year is 57.30%, -33.60% in the previous five years. In terms of revenue, Veru Inc.’s quarterly sales (YOY) is shrinking at -0.03, which is higher than the average annual revenue of -33.60% over the past half a decade.
The Return on Investment (ROI) on Veru Inc.’s stock currently stands at -13.80%, and it has a net profit margin of -25.50%. The operating margin of the company is -14.00%, and its gross margin is 69.60%.
VERU Analysts Prediction
In January 21, 2020, several analysts reiterated their positions on the Veru Inc. stock and predicted its performance to their investors. The analysts at H.C. Wainwright believe VERU is still a Buy and set the price target between $4.50 and $6.
At the moment, Veru Inc.’s Total Debt to Equity ratio stands at 0.43, and they have a long-term Debt to Equity ratio of 0.22.
VERU Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of VERU currently stands at -1.20%, while the SMA50 is -0.92%. The biggest one is the SMA200, which is currently reading 14.75% ahead of Friday’s trading session. The Relative Strength Index of this stock is 49.53.