Veru Inc’s recent filing unveils 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 $97639.5.
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 $0.39 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 Tuesday, Veru Inc [NASDAQ:VERU] saw its stock fall -1.55% to $0.50. Over the last five days, the stock has lost -8.69%. Veru Inc shares have fallen nearly -22.81% since the year began. Nevertheless, the stocks have fallen -69.38% over the past one year. While a 52-week high of $1.75 was reached on 01/24/25, a 52-week low of $0.45 was recorded on 03/14/25. SMA at 50 days reached $0.5271, while 200 days put it at $0.7070.
Levels Of Support And Resistance For VERU Stock
The 24-hour chart illustrates a support level at 0.4847, which if violated will result in even more drops to 0.4673. On the upside, there is a resistance level at 0.5148. A further resistance level may holdings at 0.5275. The Relative Strength Index (RSI) on the 14-day chart is 42.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0217, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.94%. Stochastics %K at 16.16% indicates the stock is a buying.
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.
