Is Veru Inc (VERU) a Stock to Watch After Gaining 11.11% This Week?

The market has been high on Veru Inc (VERU) stock recently. VERU gets a Bullish score from InvestorsObserver Stock 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!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With VERU Stock Today?

Veru Inc (VERU) stock is up 5.9% while the S&P 500 is down -0.29% as of 1:59 PM on Tuesday, Oct 17. VERU is higher by $0.06 from the previous closing price of $0.94 on volume of 1,907,622 shares. Over the past year the S&P 500 is up 18.57% while VERU is down -91.28%. VERU lost -$1.38 per share in the over the last 12 months. 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.