An End-of-Day Technical Review: DURECT Corporation (DRRX), Golden Star Resources Ltd. (GSS)

DURECT Corporation (NASDAQ:DRRX) last session’s volume of 0.39 million shares was lower than its average volume of 0.94 million shares. The stock, after opening at $1.05, hit $1.01 through the close by scoring -4.72%.

DURECT Corporation (DRRX) Analyst Opinion

DURECT Corporation has a consensus hold rating from 2 Wall Street analysts, and the number of shares currently sold short amount to at least 1.4% of shares outstanding. The stock spiked 12.17% last month and is down -24.63 this year. Wall Street is only getting neutral on the stock, with 0 of analysts who cover DRRX having a buy-equivalent rating. Analysts have placed a $1.97 price target on DURECT Corporation, suggesting a 95.05% gain from recent close. It’s currently trading about -53.46% below its 52-week high.

DURECT Corporation Earnings Surprise

DURECT Corporation (DRRX) surprised the stock market in its last reported earnings when it earned -$0.04 a piece versus the consensus-estimated -$0.06. Its revenue totaled $3.54 million down -18.06% from the previous quarter.

DURECT Corporation (NASDAQ:DRRX) Intraday View

This stock (DRRX) is ahead of its 52-week low with 35.63%. Its last month’s stock price volatility remained 9.72% which for the week stands at 8.57%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.85% and stays -22.49% away from its 50 days moving average. Over the last five days, shares have faced -11.4% losses and now is down -23.11% since hitting its 200-day moving average of $1.47. DURECT Corporation (DRRX) has made its way to a 12-month decline of -23.48%.

Turning to Golden Star Resources Ltd. (NYSE:GSS), its shares were trading at $0.79 a retreat of $-0.04, on the trading floor. The stock, after opening at $0.82, touched a high of $0.83 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. Golden Star Resources Ltd. has 0 buy ratings, 3 holds and 0 sells even after the stock tumbled -21.84% from its high of $1.01 to a $401.2 million market value through last close.

Golden Star Resources Ltd. (GSS) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 3 to 2.83 during a month. Analysts set a 12-month price target of $1.07 a share. The target implies a 35.44% spike from where the shares are currently trading. Also, the current price highlights a discount of 122.78% to analysts’ high consensus price target.

Golden Star Resources Ltd. (NYSE:GSS) Intraday Trading

The counter witnessed a trading volume of 2.18 million shares versus an average volume of 1.65 million shares during last trading session. Its last month’s stock price volatility remained 4.12% which for the week approaches 3.75%. The lowest price the stock reached in the last trading day was $0.78 and compares with the $0.59 52-week low. The stock recovered 33.57% since its low point and has performed 5.89% year-to-date.

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