Veru (NASDAQ:VERU) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a note issued to investors 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. “

A number of other analysts also recently commented on VERU. HC Wainwright reiterated a “buy” rating and issued a $5.00 price objective on shares of Veru in a report on Wednesday, October 4th. ValuEngine downgraded shares of Veru from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st.

Veru (VERU) remained flat at $$1.48 during mid-day trading on Friday. 59,395 shares of the stock were exchanged, compared to its average volume of 192,492. The company has a market cap of $78.75, a price-to-earnings ratio of -6.43 and a beta of 1.24. Veru has a twelve month low of $0.90 and a twelve month high of $3.00.

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About Veru

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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