Branford Castle-Backed Lafayette Instrument Acquires Alzet Osmotic Pumps
DRRX Stock | USD 0.88 0.03 3.30% |
Slightly above 53% of Durect's investors are presently thinking to get in. The analysis of overall sentiment of trading Durect stock suggests that some investors are interested at this time. Durect's investing sentiment can be driven by a variety of factors including economic data, Durect's earnings reports, geopolitical events, and overall market trends.
Durect |
Lafayette Instrument, LLC, a leading global manufacturer of scientific instrumentation equipment for the life sciences, polygraph and human evaluation markets, today announced that it has acquired Alzet Osmotic Pumps from DURECT Corporation. Lafayette is a portfolio company of North American-focused private equity firm Branford Castle Partners.
Read at finance.yahoo.com
Durect Investor Sentiment by Other News Outlets
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Durect Fundamental Analysis
We analyze Durect's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Durect using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Durect based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Durect is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Durect Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Durect stock to make a market-neutral strategy. Peer analysis of Durect could also be used in its relative valuation, which is a method of valuing Durect by comparing valuation metrics with similar companies.
Peers
Durect Related Equities
PASG | Passage Bio | 68.66 | ||||
LYEL | Lyell Immunopharma | 3.26 | ||||
CNTB | Connect Biopharma | 2.91 | ||||
DSGN | Design Therapeutics | 0.50 | ||||
FOLD | Amicus Therapeutics | 0.20 | ||||
ORIC | Oric Pharmaceuticals | 0.70 | ||||
CRNX | Crinetics Pharmaceuticals | 0.81 | ||||
LGND | Ligand Pharmaceuticals | 0.88 | ||||
RVMD | Revolution Medicines | 1.25 | ||||
ENTA | Enanta Pharmaceuticals | 2.60 |
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.