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Durect Corp (NASDAQ: DRRX) closed the day trading at $1.9 down -0.52% from the previous closing price of $1.91. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 0.78 million shares were traded. DRRX stock price reached its highest trading level at $1.92 during the session, while it also had its lowest trading level at $1.88.
Ratios:
For a better understanding of DRRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on October 30, 2020, initiated with a Buy rating and assigned the stock a target price of $7.
On July 31, 2020, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $7.Oppenheimer initiated its Outperform rating on July 31, 2020, with a $7 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DRRX now has a Market Capitalization of 59002980 and an Enterprise Value of 54250956. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.73 while its Price-to-Book (P/B) ratio in mrq is 16.93. Its current Enterprise Value per Revenue stands at 32.74 whereas that against EBITDA is -3.562.
Stock Price History:
The Beta on a monthly basis for DRRX is 0.93, which has changed by 0.42857146 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, DRRX has reached a high of $2.64, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is 92.30%, while the 200-Day Moving Average is calculated to be 120.61%.
Shares Statistics:
Over the past 3-months, DRRX traded about 1.00M shares per day on average, while over the past 10 days, DRRX traded about 438370 shares per day. A total of 31.04M shares are outstanding, with a floating share count of 27.35M. Insiders hold about 10.78% of the company’s shares, while institutions hold 23.50% stake in the company. Shares short for DRRX as of 1753920000 were 400921 with a Short Ratio of 0.40, compared to 1751241600 on 787262. Therefore, it implies a Short% of Shares Outstanding of 400921 and a Short% of Float of 1.3099999.
Earnings Estimates
The performance of Durect Corp (DRRX) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.21 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.66 and -$0.66 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.7, with 1.0 analysts recommending between -$0.7 and -$0.7.
Revenue Estimates
1 analysts predict $300k in revenue for the current quarter. It ranges from a high estimate of $300k to a low estimate of $300k. As of the current estimate, Durect Corp’s year-ago sales were $1.93MFor the next quarter, 1 analysts are estimating revenue of $250k. There is a high estimate of $250k for the next quarter, whereas the lowest estimate is $250k.
A total of 1 analysts have provided revenue estimates for DRRX’s current fiscal year. The highest revenue estimate was $1.19M, while the lowest revenue estimate was $1.19M, resulting in an average revenue estimate of $1.19M. In the same quarter a year ago, actual revenue was $7.14MBased on 1 analysts’ estimates, the company’s revenue will be $1M in the next fiscal year. The high estimate is $1M and the low estimate is $1M.
