Do Traders Think Veru Inc (VERU) Can Keep Climbing Thursday?

Veru Inc (VERU) stock is higher by 22.81% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Veru Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VERU!

See Full VERU Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With VERU Stock Today?

Veru Inc (VERU) stock is trading at $0.70 as of 9:38 AM on Thursday, Mar 28, an increase of $0.06, or 8.94% from the previous closing price of $0.65. The stock has traded between $0.69 and $0.70 so far today. Volume today is light. So far 290,057 shares have traded compared to average volume of 1,448,980 shares. To screen for more stocks like Veru Inc click here.

More About Veru Inc

Veru Inc is a biopharmaceutical company focused on urology and oncology. It develops prescription products for benign prostatic hyperplasia hot flashes associated with cancer treatment, male infertility, and novel chemotherapies for a variety of cancers. The company currently operates in two reporting segments: Sexual health business and Research & development. Some of its products include Zuclomiphene, Veru-111, Veru-100, FC2, and Roman Swipes. The company generates the majority of its revenue from the United States. Click Here to get the full Stock Report for Veru Inc stock.