Durect Stock Net Asset

DRRX Stock  USD 0.91  0.03  3.19%   
Durect fundamentals help investors to digest information that contributes to Durect's financial success or failures. It also enables traders to predict the movement of Durect Stock. The fundamental analysis module provides a way to measure Durect's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Durect stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Durect Company Net Asset Analysis

Durect's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Durect Net Asset

    
  45.19 M  
Most of Durect's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Durect is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Durect Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Durect is extremely important. It helps to project a fair market value of Durect Stock properly, considering its historical fundamentals such as Net Asset. Since Durect's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Durect's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Durect's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Durect Total Assets

Total Assets

56.28 Million

At this time, Durect's Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Durect has a Net Asset of 45.19 M. This is much higher than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.

Durect Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Durect's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Durect could also be used in its relative valuation, which is a method of valuing Durect by comparing valuation metrics of similar companies.
Durect is currently under evaluation in net asset category among its peers.

Durect Institutional Holders

Institutional Holdings refers to the ownership stake in Durect that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Durect's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Durect's value.
Shares
Accredited Investors Inc2024-09-30
87.6 K
Citadel Advisors Llc2024-09-30
74.7 K
Northern Trust Corp2024-09-30
50.3 K
Silverberg Bernstein Capital Management Llc2024-09-30
46.8 K
Gsa Capital Partners Llp2024-09-30
41.8 K
Tocqueville Asset Management L.p.2024-09-30
28.9 K
International Assets Investment Management, Llc2024-09-30
27.2 K
Raymond James & Associates2024-09-30
22.3 K
Actinver Wealth Management Inc.2024-09-30
21.3 K
Ingalls & Snyder Llc2024-09-30
M
Vanguard Group Inc2024-09-30
1.1 M

Durect Fundamentals

About Durect Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors 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.
Please read more on our fundamental analysis page.

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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.