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Veru Inc (VERU) – key numbers that make it a Strong Buy For Now

Veru Inc (NASDAQ: VERU) is 18.28% higher on its value in year-to-date trading and has touched a low of $0.36 and a high of $1.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VERU stock was last observed hovering at around $0.95 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $0.85, the stock is -0.93% and -24.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -10.58% at the moment leaves the stock -1.19% off its SMA200. VERU registered -23.28% loss for a year compared to 6-month gain of 31.20%.

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The stock witnessed a -13.02% loss in the last 1 month and extending the period to 3 months gives it a -7.95%, and is 1.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.46% over the week and 10.11% over the month.

Profit margin for the company is -265.74%. Distance from 52-week low is 136.56% and -55.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-62.57%).

The EPS is expected to grow by 75.82% this year.

Veru Inc (VERU) Top Institutional Holders

The shares outstanding are 146.38M, and float is at 125.96M with Short Float at 8.30%.

Veru Inc (VERU) Insider Activity

The most recent transaction is an insider purchase by BARNETTE K GARY,the company’sChief Scientific Officer. SEC filings show that BARNETTE K GARY bought 5,000 shares of the company’s common stock on May 24 ’24 at a price of $1.34 per share for a total of $6696.0. Following the purchase, the insider now owns 5000.0 shares.

Veru Inc disclosed in a document filed with the SEC on May 24 ’24 that FISCH HARRY (Chief Corporate Officer) bought a total of 4,000 shares of the company’s common stock. The trade occurred on May 24 ’24 and was made at $1.25 per share for $5000.0. Following the transaction, the insider now directly holds 0.77 million shares of the VERU stock.

Still, SEC filings show that on May 24 ’24, STEINER MITCHELL SHUSTER (President and CEO) disposed off 63,379 shares at an average price of $1.23 for $78102.0. The insider now directly holds 6,942,709 shares of Veru Inc (VERU).

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