Durect Stock Price on August 14, 2024
| DRRX Stock | USD 0.94 0.03 3.09% |
Below is the normalized historical share price chart for Durect extending back to September 28, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Durect stands at 0.94, as last reported on the 26th of November, with the highest price reaching 1.04 and the lowest price hitting 0.90 during the day.
If you're considering investing in Durect Stock, it is important to understand the factors that can impact its price. Durect secures Sharpe Ratio (or Efficiency) of -0.0918, which denotes the company had a -0.0918% return per unit of risk over the last 3 months. Durect exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Durect's Variance of 23.09, mean deviation of 3.56, and Standard Deviation of 4.81 to check the risk estimate we provide.
At this time, Durect's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 27.8 K in 2024, whereas Other Stockholder Equity is likely to drop slightly above 392.2 M in 2024. . Price To Sales Ratio is likely to drop to 1.72 in 2024. Price Earnings Ratio is likely to drop to -0.59 in 2024. Durect Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of September 2000 | 200 Day MA 1.2568 | 50 Day MA 1.2884 | Beta 1.133 |
Durect |
Sharpe Ratio = -0.0918
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DRRX |
Estimated Market Risk
| 4.86 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Durect is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Durect by adding Durect to a well-diversified portfolio.
Price Book 24.7418 | Enterprise Value Ebitda (2.48) | Price Sales 3.5799 | Shares Float 29.7 M | Wall Street Target Price 6.75 |
Related Headline
Avadel Pharmaceuticals Headline on 14th of August 2024
Disposition of 75000 shares by Mccamish Mark Anthony of Avad... by Mccamish Mark Anthony
Filed transaction by Avadel Pharmaceuticals PLC Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Durect Valuation on August 14, 2024
It is possible to determine the worth of Durect on a given historical date. On August 14, 2024 Durect was worth 1.44 at the beginning of the trading date compared to the closed value of 1.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Durect stock. Still, in general, we apply an absolute valuation method to find Durect's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Durect where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Durect's related companies.
| Open | High | Low | Close | Volume | |
| 1.49 | 1.49 | 1.36 | 1.41 | 70,343 | |
08/14/2024 | 1.44 | 1.44 | 1.28 | 1.33 | 97,866 |
| 1.30 | 1.36 | 1.15 | 1.15 | 104,283 |
| Backtest Durect | | | Durect History | | | Durect Valuation | Previous | Next |
Durect Trading Date Momentum on August 14, 2024
| On August 15 2024 Durect was traded for 1.15 at the closing time. The top price for the day was 1.36 and the lowest listed price was 1.15 . The trading volume for the day was 104.3 K. The trading history from August 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 13.53% . The overall trading delta against the current closing price is 6.77% . |
Durect Fundamentals Correlations and Trends
By evaluating Durect's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Durect's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Durect financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Durect Stock history
Durect investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Durect is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Durect will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Durect stock prices may prove useful in developing a viable investing in Durect
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.5 M | 27.8 M | |
| Net Loss | -31.8 M | -30.2 M |
Durect Stock Technical Analysis
Durect technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Durect Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Durect cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Durect November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Durect stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Durect shares will generate the highest return on investment. By undertsting and applying Durect stock market strength indicators, traders can identify Durect entry and exit signals to maximize returns
Durect Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Durect's price direction in advance. Along with the technical and fundamental analysis of Durect Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Durect to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (22.72) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Durect Stock Analysis
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.