Durect Corp [DRRX] stock is trading at $0.97, up 4.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DRRX shares have gain 7.79% over the last week, with a monthly amount drifted -3.96%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Durect Corp [NASDAQ: DRRX] stock has seen the most recent analyst activity on October 30, 2020, when Chardan Capital Markets initiated its Buy rating and assigned the stock a price target of $7. On July 31, 2020, Oppenheimer initiated with a Outperform rating and assigned a price target of $7 on the stock. B. Riley FBR started tracking the stock assigning a Buy rating and suggested a price target of $5 on January 31, 2020. Cantor Fitzgerald started tracking with a Overweight rating for this stock on September 06, 2019, and assigned it a price target of $5. In a note dated March 06, 2018, H.C. Wainwright upgraded an Buy rating on this stock but restated the target price of $3.50.
Durect Corp [DRRX] stock has fluctuated between $0.51 and $1.88 over the past year. Durect Corp [NASDAQ: DRRX] shares were valued at $0.97 at the most recent close of the market.
Analyzing the DRRX fundamentals
Durect Corp [NASDAQ:DRRX] reported sales of 8.59M for the trailing twelve months, which represents a growth of 10.49%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -2.25%, Pretax Profit Margin comes in at -1.99%, and Net Profit Margin reading is -1.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.71, Equity is -2.33 and Total Capital is -5.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of9.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9036 points at the first support level, and at 0.8372 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0032, and for the 2nd resistance point, it is at 1.0364.
Ratios To Look Out For
For context, Durect Corp’s Current Ratio is 0.71. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 24.74.
