Veru Inc (NASDAQ:VERU) shares, rose in value on Thursday, March 27, with the stock price up by 3.42% to the previous day’s close as strong demand from buyers drove the stock to $0.55.
Actively observing the price movement in the last trading, the stock closed the session at $0.53, falling within a range of $0.53 and $0.57. The value of beta (5-year monthly) was -0.451. Referring to stock’s 52-week performance, its high was $1.92, and the low was $0.45. On the whole, VERU has fluctuated by 3.20% over the past month.
With the market capitalization of Veru Inc currently standing at about $80.15 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VERU’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of VERU currently trading nearly 7.56% and -9.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.35, while the 7-day volatility ratio is showing 7.05% which for the 30-day chart, stands at 7.08%. Furthermore, Veru Inc (VERU)’s beta value is -0.73, and its average true range (ATR) is 0.04.
A comparison of Veru Inc (VERU) with its peers suggests the former has fared considerably weaker in the market. VERU showed an intraday change of 3.42% in last session, and over the past year, it shrunk by -10.13%%.
Data on historical trading for Veru Inc (NASDAQ:VERU) indicates that the trading volumes over the past 10 days have averaged 1.25 and over the past 3 months, they’ve averaged 3.41 million. According to company’s latest data on outstanding shares, there are 146.38 million shares outstanding.
Nearly 17.14% of Veru Inc’s shares belong to company insiders and institutional investors own 36.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.01 million shares as on 2025-03-14, resulting in a short ratio of 8.91. According to the data, the short interest in Veru Inc (VERU) stood at 1071.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 15.0 million. The stock has fallen by -15.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VERU stock heading into the next quarter.
