Veru (VERU) Stock Rating Lowered by Zacks Investment Research

Veru (NASDAQ:VERU) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report released on Saturday.

According to Zacks, “Veru Inc. engages in the development, manufacture and marketing of consumer health care products. It focuses on producing FC2 female condom which provides dual protection against unintended pregnancy and sexually transmitted infections. Veru Inc., formerly known as The Female Health Company, is headquartered in Miami, FL. “

Other equities analysts have also recently issued research reports about the company. HC Wainwright set a $5.00 price target on Veru and gave the stock a “buy” rating in a research note on Thursday, December 14th. ValuEngine cut Veru from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st.

Veru (NASDAQ:VERU) opened at $1.48 on Friday. The firm has a market capitalization of $78.75, a PE ratio of -6.43 and a beta of 1.24. Veru has a 12 month low of $0.90 and a 12 month high of $3.00.

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Veru Company Profile

Veru Inc, formerly The Female Health Company, is a therapeutics company focused on developing and commercializing pharmaceuticals and devices in men’s and women’s health and oncology. The Company is engaged in the development, manufacture and marketing of consumer healthcare products. The Company has three divisions: Pharmaceutical and Devices, Consumer Health Products and Public Sector.

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