During the last session, Veru Inc (NASDAQ:VERU)’s traded shares were 3.51 million, with the beta value of the company hitting -0.45. At the end of the trading day, the stock’s price was $1.04, reflecting an intraday loss of -4.59% or -$0.05. The 52-week high for the VERU share is $1.92, that puts it down -84.62 from that peak though still a striking 65.38% gain since the share price plummeted to a 52-week low of $0.36. The company’s market capitalization is $152.24M, and the average intraday trading volume over the past 10 days was 2.92 million shares, and the average trade volume was 1.50 million shares over the past three months.
Veru Inc (VERU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.25. VERU has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Veru Inc (NASDAQ:VERU) trade information
Veru Inc (VERU) registered a -4.59% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.59% in intraday trading to $1.04, hitting a weekly high. The stock’s 5-day price performance is 39.88%, and it has moved by 55.22% in 30 days. Based on these gigs, the overall price performance for the year is 181.08%. The short interest in Veru Inc (NASDAQ:VERU) is 12.7 million shares and it means that shorts have 13.35 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 74.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $5 respectively. As a result, VERU is trading at a discount of -380.77% off the target high and -188.46% off the low.
Veru Inc (VERU) estimates and forecasts
Statistics show that Veru Inc has underperformed its competitors in share price, compared to the industry in which it operates. Veru Inc (VERU) shares have gone up 8.34% during the last six months, with a year-to-date growth rate less than the industry average at 10.34% against 11.80.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -8.11%. While earnings are projected to return 6.71% in 2025.
VERU Dividends
Veru Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 3.71%.
Veru Inc (NASDAQ:VERU)’s Major holders
Veru Inc insiders own 14.10% of total outstanding shares while institutional holders control 42.04%, with the float percentage being 48.94%. ADAGE CAPITAL PARTNERS GP, L.L.C. is the largest shareholder of the company, while 137.0 institutions own stock in it. As of 2024-06-30, the company held over 7.86 million shares (or 5.3703% of all shares), a total value of $6.61 million in shares.
The next largest institutional holding, with 7.65 million shares, is of BLACKROCK INC.’s that is approximately 5.2267% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.44 million.
