DURECT Corporation (DRRX): Ownership and Basic Trading Data

In the past 52-week period, shares of DURECT Corporation (NASDAQ:DRRX) have moved within the range of $0.74 to $2.17. On the stock’s most recent trading day, the company’s shares ended the regular session at $0.92, which is 57.6% higher than its 52-week high.

DURECT Corporation (DRRX) has demonstrated a 20-day simple moving average (SMA) of -24.23%, and a 50-day SMA of -39.69%. This public company’s current market capitalization stands at $131.43 million.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When thinking about buying shares in a public company, it is useful to gauge the average enthusiasm level of Wall Street analysts for that specific stock. According to the latest data, the consensus recommendation for DURECT Corporation (DRRX) is Hold.

When it comes to quarterly financial results, publicly-traded companies usually post earnings and revenue figures that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, DURECT Corporation (DRRX) delivered a 132.94% surprise with its net revenue. Sales reached $0.01 billion during the three-month period.

Meanwhile, during the same quarter DURECT Corporation (DRRX) delivered a -33.33% earnings surprise. Net earnings for the quarter were posted at -$0.04 per share, whereas Wall Street had forecast -$0.06 per share.

Ownership at DURECT Corporation (DRRX), According to Most Recent SEC Filings

Investors can gain useful insight on institutional ownership within a public company by taking a look at the organization’s most recent 13F filings. DURECT Corporation (DRRX) has 0 billion shares outstanding currently, 45.99% of which belong to institutional investors. Those institutional holdings amount to $0.07 billion.

Additionally, according to the most recent 13F filing from DURECT Corporation (DRRX), there were 8 new positions totaling 592,767 shares of the company’s stock. There were 3 sold out positions, on the other hand, totaling 8,534,484 shares.

Short, Medium and Long Term Indicators

By looking at a stock’s average trade volume – in the short, medium, and long terms – we can gain a better understanding of investor sentiment and trading activity. DURECT Corporation (DRRX) has had a 20-day average volume of 1,663,570 shares, with an average of 0% of short term indicators pointed at Hold.

The stock’s 50-day average volume has been 918,784 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 778,317 shares with 100% of long-term indicators pointing to Sell.