Shares of Veru Inc. (NASDAQ:VERU) traded today at $23.21, eclipsing its 52-week high. This new high was reached on above average trading volume as 11.1 million shares traded hands, while the average 30-day volume is approximately 4.4 million shares.
Veru Inc. share prices have moved between a 52-week high of $23.21 and a 52-week low of $2.30 and are now trading 764% above that low price at $19.88 per share.
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.
Veru Inc. (NASDAQ:VERU) defies analysts with a current price ($19.88) 45.2% above its average consensus price target of $10.89.
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