Veru Inc (NASDAQ:VERU) traded at $0.49 at close of the session on Tuesday, March 11 and made a downward move of -1.24% on its previous day’s price.
Veru Inc has a market cap of $72.28 million and is expected to release its quarterly earnings report in April.
The median projection represents growth adding up to -100.00% compared to sales growth for the corresponding quarter a year ago.
On the other hand, looking at the outlook for the VERU stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 7 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Veru Inc (VERU) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -7.61% off its SMA20 and -24.64% from its 50-day simple moving average. The RSI (14) is pointing at 39.48 while the volatility over the past week is 6.42% and jumps to 8.46% over the past one month. The beta value is -0.69, while the average true range (ATR) is currently pointing at 0.06. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $3 and a high of $5. These price ends are -512.24% and -920.41% off the current price level respectively, although investors could be excited at the prospect of a -716.33% if the VERU share price touches on the median price of $4.
