Veru Inc’s filing revealed that its Director Rankowitz Michael L acquired Company’s shares for reported $52432.0 on Feb 18 ’25. In the deal valued at $0.55 per share,95,279 shares were bought. As a result of this transaction, Rankowitz Michael L now holds 195,279 shares worth roughly $0.11 million.
Then, Rankowitz Michael L bought 54,721 shares, generating $31,919 in total proceeds. Upon buying the shares at $0.58, the Director now owns 250,000 shares.
Before that, FISCH HARRY bought 4,000 shares. Veru Inc shares valued at $5,000 were divested by the Chief Corporate Officer at a price of $1.25 per share. As a result of the transaction, FISCH HARRY now holds 774,736 shares, worth roughly $0.44 million.
B. Riley Securities initiated its Veru Inc [VERU] rating to a Buy in a research note published on May 14, 2024; the price target was $5. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late March with a ‘”an Outperform”‘ rating. Jefferies also remained covering VERU and has increased its forecast on June 07, 2023 with a “Hold” recommendation from previously “an Underperform” rating. Jefferies started covering the stock on April 13, 2021. It rated VERU as “a Buy”.
Price Performance Review of VERU
On Friday, Veru Inc [NASDAQ:VERU] saw its stock fall -1.27% to $0.57. Over the last five days, the stock has gained 4.45%. Veru Inc shares have fallen nearly -13.08% since the year began. Nevertheless, the stocks have risen 13.53% over the past one year. While a 52-week high of $1.92 was reached on 01/24/25, a 52-week low of $0.47 was recorded on 02/12/25. SMA at 50 days reached $0.6948, while 200 days put it at $0.8356.
Levels Of Support And Resistance For VERU Stock
The 24-hour chart illustrates a support level at 0.5476, which if violated will result in even more drops to 0.5297. On the upside, there is a resistance level at 0.5863. A further resistance level may holdings at 0.6071. The Relative Strength Index (RSI) on the 14-day chart is 44.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0139, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.46%. Stochastics %K at 65.73% indicates the stock is a holding.
The most recent change occurred on February 09, 2021 when H.C. Wainwright resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $17.
