Stocks of Veru Inc (NASDAQ:VERU) traded higher last session on Wall Street, up 3.67% to $0.67.
VERU stock price is now 23.16% away from the 50-day moving average and 0.12% away from the 200-day moving average. The market capitalization of the company currently stands at $98.02M.
With the price target of $5, B. Riley Securities recently initiated with Buy rating for Veru Inc (NASDAQ: VERU). On March 28, 2024, Raymond James recently initiated its ‘Outperform’ rating on the stock quoting a target price of $3, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Rankowitz Michael L, Director bought 95,279 shares of the company’s stock on Feb 18 ’25. The stock was bought for $52,432 at an average price of $0.55. Upon completion of the transaction, the Director now directly owns 195,279 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Director Rankowitz Michael L bought 54,721 shares of the business’s stock. A total of $31,919 was incurred on buying the stock at an average price of $0.58. This leaves the insider owning 250,000 shares of the company worth $0.17 million. A total of 18.71% of the company’s stock is owned by insiders.
During the past 12 months, Veru Inc has had a low of $0.45 and a high of $1.42. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 3.80, and a quick ratio of 3.80. The net profit margin was -302.93% and return on equity was -88.03% for VERU.
