Durect Corp (NASDAQ:DRRX) shares, rose in value on Wednesday, June 18, with the stock price up by 3.32% to the previous day’s close as strong demand from buyers drove the stock to $0.66.
Actively observing the price movement in the last trading, the stock closed the session at $0.64, falling within a range of $0.5901 and $0.755. The value of beta (5-year monthly) was 0.589. Referring to stock’s 52-week performance, its high was $1.79, and the low was $0.48. On the whole, DRRX has fluctuated by 1.08% over the past month.
With the market capitalization of Durect Corp currently standing at about $20.38 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-13.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DRRX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of DRRX currently trading nearly 14.80% and 4.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.22, while the 7-day volatility ratio is showing 3.29% which for the 30-day chart, stands at 4.60%. Furthermore, Durect Corp (DRRX)’s beta value is 0.59, and its average true range (ATR) is 0.07.
A comparison of Durect Corp (DRRX) with its peers suggests the former has fared considerably weaker in the market. DRRX showed an intraday change of 3.32% in last session, and over the past year, it shrunk by -60.20%%.
Data on historical trading for Durect Corp (NASDAQ:DRRX) indicates that the trading volumes over the past 10 days have averaged 60890.0 and over the past 3 months, they’ve averaged 106.59K. According to company’s latest data on outstanding shares, there are 31.04 million shares outstanding.
Nearly 10.78% of Durect Corp’s shares belong to company insiders and institutional investors own 22.19% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.78 million shares as on 2025-05-30, resulting in a short ratio of 3.71. According to the data, the short interest in Durect Corp (DRRX) stood at 256.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.71 million. The stock has fallen by -12.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DRRX stock heading into the next quarter.
