DURECT Corporation (NASDAQ:DRRX) traded at a new 52-week low today of $1.40. So far today approximately 117,000 shares have been exchanged, as compared to an average 30-day volume of 601,000 shares.
DURECT Corporation share prices have moved between a 52-week high of $2.95 and the current low of $1.40 and are currently at $1.41 per share.
Durect Corp is a biopharmaceutical company. It is engaged in the research, development, and manufacturing of pharmaceutical products. The company develops pharmaceutical products based on two categories which include new chemical entities and proprietary pharmaceutical programs. The company’s pipeline products consist of DUR-928, POSIMIR, and others. Geographically, the company operates in the United States, Europe, Japan, and other countries, of which key revenue is derived from the United States.
DURECT Corporation has overhead space with shares priced $1.41, or 16.6% below the average consensus analyst price target of $1.69.
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