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How to Buy Veru Stock

Veru Inc

Veru Inc. , an oncology biopharmaceutical company, focuses on developing medicines for the management of cancers.

Veru stock last closed at $1.21, down 8.33% from the previous day, and has decreased 5.84% in one year. It has overperformed other stocks in the Biotechnology industry by 0.18 percentage points. Veru stock is currently +236.11% from its 52-week low of $0.36, and -36.98% from its 52-week high of $1.92.

At the moment, there are 146.38M shares of VERU outstanding. The market cap of VERU is $177.12M. In the last 24 hours, 2.05M VERU shares were traded.

How to Buy Veru Stock

Wondering how to invest in Veru stock? Here's how.
  1. Figure out where to buy Veru stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Veru stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your method of payment and add your information.
  4. Research Veru stock: The Veru ticker symbol is VERU. Is Veru stock a good investment? Should you buy shares of VERU? How do VERU's underlying business fundamentals look? Do top analysts think Veru is a good buy? Why has VERU's stock price moved recently? (Hint: Our stock research tools can help you evaluate if VERU is a good stock to buy).
  5. Execute your VERU trade: Decide if you will purchase VERU shares at the current market price or use a limit order to purchase VERU shares at a particular price.
  6. Get notifications regarding your investment in VERU: Create a watchlist to key updates about your position in Veru shares.

Step 1: Figure out where to buy Veru stock

You will need an online brokerage account in order to access the NASDAQ market and buy VERU shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal details so you can invest in VERU stock today.

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  2. Enter your personal data to create a new trading account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've created your account on the best stock trading app, you need to deposit funds:

Watch the tutorial below for more details depositing funds into your new brokerage account.

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Step 4: Research Veru stock

After you have decided on the best place to buy Veru stock, it's very important to evaluate their stock before you invest, so you actually understand the risk as well as the upside.

Veru shares quick numbers

VERU Price
$1.21
1w %
-14.79%
1y %
-5.84%
5y %
-11.03%
P/E
-1.61x
P/B
3.43x
P/S
7.66x
PEG
N/A
Revenue
$15.93M
Earnings
-$64.59M
Fore. Rev. Growth
-18.63%
Fore. Earn. Growth
N/A
Market Cap
$177.12M
Next Earnings
Jun 18, 2024
Next Dividend
N/A

Fundamentals of VERU

WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on VERU's stock page.

Is VERU stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VERU's fair value.

Using relative valuations methods:

  • VERU could be undervalued based on its P/B ratio of 3.43x, relative to Biotechnology industry P/B ratio of 5.8x

You can access additional valuation analysis on VERU's stock here.

Is VERU a healthy company?

Pros:

  • There are more short-term assets than long-term liabilities on the VERU balance sheet.
  • VERU has $40.58M in cash and short term investments. This is sufficient to cover its annual cash burn of $59.88M.
  • There are more short-term assets than short-term liabilities on the VERU balance sheet.

Cons:

  • VERU has a relatively high debt to equity ratio of 0.56.
  • VERU has cash burn of 59880310. It does not have enough cash and short-term investments to cover this.
  • VERU profit margin has gone up by 0.14 percentage points in the past year, but the company is still unprofitable.
  • Total VERU debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy VERU stock

Out of 3 Wall Street analysts who give forecasts on VERU, the consensus analyst rating on Veru is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Veru stock forecast page.

VERU Technical Indicators

SMA10
1.33
SMA20
1.17
SMA50
0.82
SMA100
0.72
SMA200
0.86
MACD
0.15
MACD Signal
0.18
MACD Histogram
-0.02
RSI
54.84
Stochastic %K
39.25
Stochastic %D
42.67
StochRSI %K
3.31
StochRSI %D
3.92

How is VERU performing as a company?

Last year, VERU revenue was $15.93M. During the past five year, VERU's revenue has grown by -4.11% per year. This was slower than the Biotechnology industry average of 28.62%.

You can analyze VERU's earnings and revenue performance here.

Latest Insiders Trades at VERU

Over the last year, insiders at VERU have not bought or sold any shares.

Dig into more about who owns VERU shares here.

Does VERU stock generate passive income?

No, Veru doesn't provide an income stream by paying out dividends.

What others are saying about VERU

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your VERU trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Press the Open button and your broker will execute your order.

If you want more info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get notifications regarding your investment in VERU

Now that you own some shares in VERU, you'll want to stay up-to-date on your new investment.

Create a watchlist to keep track of your VERU stock.

VERU Feed

How to Buy Stock in Veru

To reiterate, here are the 6 steps you need to take to buy Veru stock right now:

  1. Figure out where to buy Veru stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Veru stock
  5. Execute your VERU trade
  6. Get notifications regarding your investment in VERU

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Veru, get started below.

NASDAQ: VERU
$1.21-0.11 (-8.33%)
Updated Apr 25, 2024
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NASDAQ: VERU
$1.21-0.11 (-8.33%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Veru share?

As of Apr 25, 2024, it costs $1.21 to buy one share of Veru stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.61, you can buy 0.5 shares of VERU.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Veru stock?

According to 3 Wall Street analysts who monitor Veru, their consensus recommendation is to buy Veru stock.

What is the best way to buy Veru stock?

One way to place an order for Veru stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.