Is DURECT Corporation (DRRX) a Lucrative Addition to Your Portfolio?

First Eagle Investment Managem, 10% Owner, added 4,000,000 shares of DURECT Corporation (DRRX) to its portfolio at the rate of $0.52 per share valuing $2,080,000 on Jun 20. The insider has now 26,476,546 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $1.85, with a 2nd Resistance Point sitting at $1.92. Meanwhile, this company’s stock has a 1st Support Level at $1.72 and a 2nd Support Level at $1.66. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of DURECT Corporation (DRRX) was $1.78. DURECT Corporation (DRRX) stock has gained $0.19, or 7.23%, in the past five days. In the last full month, these shares have gained $0.34, or 23.61%. In the past three months, this stock’s price has risen by $1.23, or 223.52%. This year-to-date, DURECT Corporation (DRRX) shares have gained $1.30, or 270.83%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For DURECT Corporation (DRRX) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 191,942 K shares outstanding, this company currently has a market capitalization of $341,657K. DURECT Corporation (DRRX) generates $18,560 K in annual sales, amounting to annual net income of -$25,320 K. This stock has generated a 1-Year Total Return of 47.11%, a 3-Year Total Return of 12.66%, and a 5-year Total Return of 10.56%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 06/19, DURECT Corporation (DRRX) reported earnings of -$0.04 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.05 per share, representing a 0.01 difference and 20.00% surprise. In the previous quarter ending in 03/19, the reported earnings of -$0.04 represented a 0.01 difference from the consensus estimate calling for -$0.05 per share, which was a 20.00% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is -$0.02 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was -$0.01 and the low estimate was -$0.04. In the year-ago quarter, DURECT Corporation (DRRX) generated per-share earnings of -$0.02.

Turning our focus now to insider trading activity, there have been 21 purchases (4,025,000 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 100 insider buys amounting to 4,140,000 shares and 0 insider sales amounting to 0 shares. In the past full year, 111 insider purchases were made (involving 4,150,000 shares) and 0 insider sell-offs equivalent to 0 shares.

Moving onto liquidity, DURECT Corporation (DRRX) has a Current Ratio of 5.45, a Quick Ratio of 5.00 and a Cash Ratio of 4.48. Looking at this company’s capital structure, its Total Debt to Total Equity is 102.67, its Total Debt to Total Capital is 50.66, and its Total Debt to Total Assets is now 41.07. Looking even further ahead into the future, its Long-Term Debt to Equity is -9.18 and its Long-Term Debt to Total Capital is 102.67.