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Drug Makers Stock Performance Review -- DURECT, Sucampo Pharma, Apricus Biosciences, and MEI Pharma

02:35 EDT 7 Aug 2017 | PR Newswire

NEW YORK, August 7, 2017 /PRNewswire/ --

If you want a Stock Review on DRRX, SCMP, APRI, or MEIP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The profitability of individual companies in the Drug Manufacturers space depends on their ability to discover and market new drugs, while demand for pharmaceuticals is driven by the desire to cure illness and disease. Pre-market today, DailyStockTracker.com monitors the most current performances of these four drug makers' stocks: DURECT Corp. (NASDAQ: DRRX), Sucampo Pharmaceuticals Inc. (NASDAQ: SCMP), Apricus Biosciences Inc. (NASDAQ: APRI), and MEI Pharma Inc. (NASDAQ: MEIP). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

http://dailystocktracker.com/register/

DURECT 

Cupertino, California headquartered DURECT Corp.'s shares declined 0.59%, finishing last Friday's session at $1.69. A total volume of 192,719 shares was traded. Over the last month and the previous three months, the stock has advanced 9.74% and 111.25%, respectively. Furthermore, the Company's shares have gained 26.12% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.85% and 38.47%, respectively. Additionally, shares of DURECT, which researches and develops medicines based on its epigenetic regulator and drug delivery programs, have a Relative Strength Index (RSI) of 52.23.

On July 12th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $1.25 a share to $3 a share.

On August 01st, 2017, DURECT announced that, in conjunction with its Q2 2017 financial results press release, the Company will host a conference call on August 08th, 2017, at 4:30 pm ET. A live audio webcast of the presentation will be available under the "Investor Relations" section of the Company's homepage. Your complete research report on DRRX can be retrieved for free at:

http://dailystocktracker.com/registration/?symbol=DRRX


Sucampo Pharma 

On Friday, shares in Rockville, Maryland headquartered Sucampo Pharmaceuticals Inc. ended the session 0.48% higher at $10.40. The stock recorded a trading volume of 469,212 shares, which was above its three months average volume of 443,970 shares. The Company's shares have gained 0.97% in the previous three months. The stock is trading below its 50-day moving average by 0.66%. Moreover, shares of Sucampo Pharma, which focuses on developing, identifying, acquiring, and marketing medicines that meet unmet medical needs, primarily in gastroenterology, ophthalmology, and oncology-related disorders in the US, Japan, Switzerland, and internationally, have an RSI of 42.12.

On July 18th, 2017, Sucampo Pharma announced that Karen Smith, M.D., Ph.D., M.B.A., LLM, has joined the Company's Board of Directors on July 15th , 2017. Dr. Smith is Executive Vice President, R&D, and Chief Medical Officer at Jazz Pharmaceuticals. She brings to the Company over 25 years of senior leadership and executive experience with both major pharmaceutical companies and start-up biotechnology organizations. A free report on SCMP is just a click away at:


http://dailystocktracker.com/registration/?symbol=SCMP


Apricus Biosciences 

San Diego, California headquartered Apricus Biosciences Inc.'s stock climbed 0.74%, to close the day at $1.36 with a total trading volume of 189,101 shares. The Company's shares have advanced 21.43% in the last one month, 18.26% over the previous three months, and 4.62% since the start of this year. The stock is trading 25.15% above its 50-day moving average. Additionally, shares of Apricus Biosciences, which focuses on the development and commercialization of product candidates in the areas of urology and rheumatology, have an RSI of 64.00.

On August 02nd, 2017, Apricus Biosciences reported financial results for Q2 and six months ended June 30th, 2017. For Q2 2017, net loss was $1.5 million, or loss per share of $0.13. For the six months ended June 30th, 2017, net income was $6.6 million, or income per share of $0.69. The Company's cash totaled $7.8 million, as of June 30th, 2017. Sign up for your complimentary research report on APRI at:

http://dailystocktracker.com/registration/?symbol=APRI

MEI Pharma 

Shares in San Diego, California-based MEI Pharma Inc. recorded a trading volume of 283,142 shares. The stock ended at $2.93, jumping 5.40% from the last trading session. The Company's shares have gained 3.53% in the past month, 83.13% over the previous three months, and 103.47% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 19.08% and 62.85%, respectively. Furthermore, shares of MEI Pharma, which focuses on the clinical development of drugs for the treatment of cancer, have an RSI of 58.03.

On August 02nd, 2017, MEI Pharma and Helsinn, a Swiss pharmaceutical group focused on building quality cancer care products, announced that the first patient has been dosed in the pivotal Phase-3 study of the investigational agent pracinostat in combination with azacitidine in adults with newly diagnosed acute myeloid leukemia and who are unfit to receive intensive induction chemotherapy. The randomized, double-blind, placebo-controlled study will enroll approximately 500 eligible patients worldwide. Sign up for your complimentary research report on MEIP at:

http://dailystocktracker.com/registration/?symbol=MEIP

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