Durect Stock Today
| DRRX Stock | USD 0.87 0.04 4.40% |
Performance5 of 100
| Odds Of DistressOver 73
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Durect is trading at 0.87 as of the 19th of April 2024; that is -4.4 percent decrease since the beginning of the trading day. The stock's open price was 0.91. Durect has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Durect are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 28th of September 2000 | Category Healthcare | Classification Health Care |
DURECT Corporation, a biopharmaceutical company, researches and develops medicines based on its epigenetic regulator and pharmaceutical programs. DURECT Corporation was incorporated in 1998 and is headquartered in Cupertino, California. Durect Corp operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. The company has 31.04 M outstanding shares of which 1.03 M shares are currently shorted by private and institutional investors with about 5.61 trading days to cover. More on Durect
Moving together with Durect Stock
| 0.7 | A | Agilent Technologies Financial Report 28th of May 2024 | PairCorr |
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Durect Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Durect's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Durect or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | James Brown | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Pharmaceutical Products (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Pharmaceutical Products, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Durect report their recommendations after researching Durect's financial statements, talking to executives and customers, or listening in on Durect's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Durect. The Durect consensus assessment is calculated by taking the average forecast from all of the analysts covering Durect. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Durect's liquidity, profitability, solvency, and operating efficiency, Durect is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Durect is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Durect's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Durect's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Durect's financial leverage. It provides some insight into what part of Durect's total assets is financed by creditors.
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Durect (DRRX) is traded on NASDAQ Exchange in USA. It is located in 10260 Bubb Road, Cupertino, CA, United States, 95014-4166 and employs 58 people. Durect is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Durect's market, we take the total number of its shares issued and multiply it by Durect's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Durect conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 31.04 M outstanding shares of which 1.03 M shares are currently shorted by private and institutional investors with about 5.61 trading days to cover.
Durect currently holds about 51.89 M in cash with (34.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check Durect Probability Of Bankruptcy
Ownership AllocationDurect holds a total of 31.04 Million outstanding shares. Durect shows 5.97 percent of its outstanding shares held by insiders and 22.55 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Durect Ownership Details
Durect Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Durect jumping above the current price in 90 days from now is about 69.15%. The Durect probability density function shows the probability of Durect stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2079 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Durect will likely underperform. Additionally, durect has an alpha of 0.571, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Durect to move above the current price in 90 days from now is about 69.15 (This Durect probability density function shows the probability of Durect Stock to fall within a particular range of prices over 90 days) .
Durect Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Durect that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Durect's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Durect's value.| Instituion | Recorded On | Shares | |
| Caption Management, Llc | 2023-12-31 | 114.5 K | |
| Millennium Management Llc | 2023-12-31 | 106.3 K | |
| State Street Corporation | 2023-12-31 | 98.4 K | |
| Northern Trust Corp | 2023-12-31 | 50.3 K | |
| Bank Of America Corp | 2023-12-31 | 49.7 K | |
| Acadian Asset Management Llc | 2023-12-31 | 47.9 K | |
| Silverberg Bernstein Capital Management Llc | 2023-12-31 | 46.9 K | |
| Virtu Financial Llc | 2023-12-31 | 44.3 K | |
| Jane Street Group, Llc | 2023-12-31 | 41.4 K | |
| Ingalls & Snyder Llc | 2023-12-31 | 2.1 M | |
| Vanguard Group Inc | 2023-12-31 | 1.1 M |
Durect Historical Income Statement
Durect Income Statement is one of the three primary financial statements used for reporting Durect's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Durect revenue and expense. Durect Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Durect's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 30.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 140.6 K in 2024. View More FundamentalsDurect Stock Against Markets
Picking the right benchmark for Durect stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Durect stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Durect is critical whether you are bullish or bearish towards Durect at a given time. Please also check how Durect's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Durect without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Durect Corporate Directors
Durect corporate directors refer to members of a Durect board of directors. The board of directors generally takes responsibility for the Durect's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Durect's board members must vote for the resolution. The Durect board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Simon Benito | Independent Director | Profile | |
| Gail Farfel | Director | Profile | |
| David Hoffmann | Lead Independent Director | Profile | |
| Terrence Blaschke | Independent Director | Profile |
How to buy Durect Stock?
Before investing in Durect, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Durect. To buy Durect stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Durect. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Durect stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Durect stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Durect stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Durect, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Durect Stock please use our How to Invest in Durect guide.
Already Invested in Durect?
The danger of trading Durect is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Durect is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Durect. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Durect is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Durect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Durect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Durect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Durect Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Durect. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Durect Stock please use our How to Invest in Durect guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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When running Durect's price analysis, check to measure Durect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Durect is operating at the current time. Most of Durect's value examination focuses on studying past and present price action to predict the probability of Durect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durect's price. Additionally, you may evaluate how the addition of Durect to your portfolios can decrease your overall portfolio volatility.
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Is Durect's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Durect. If investors know Durect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Durect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 0.326 | Quarterly Revenue Growth (0.20) | Return On Assets (0.44) | Return On Equity (1.39) |
The market value of Durect is measured differently than its book value, which is the value of Durect that is recorded on the company's balance sheet. Investors also form their own opinion of Durect's value that differs from its market value or its book value, called intrinsic value, which is Durect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Durect's market value can be influenced by many factors that don't directly affect Durect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Durect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Durect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.