What Does Stochastic %K say about Depomed, Inc. (NASDAQ:DEPO)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Depomed, Inc. (NASDAQ:DEPO) for the period of 9-Day stands at 10.27% while the stochastic %D for the same period stands at 9.4%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Depomed, Inc. (NASDAQ:DEPO) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Depomed, Inc. (NASDAQ:DEPO) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Depomed, Inc. (NASDAQ:DEPO)’s 20-Day Bollinger Band indicates “Sell”.

About Company

Depomed, Inc. is a specialty pharmaceutical company utilizing its innovative AcuForm drug delivery technology to develop novel oral products and improved, extended release formulations of existing oral drugs. AcuForm-based products are designed to provide once- daily administration and reduced side effects, improving patient convenience, compliance and pharmacokinetic profiles. ProQuinXR  extended-release tablets have been approved by the FDA for the once-daily treatment of uncomplicated urinary tract infections and are currently being marketed in the United States. In addition, once-daily Glumetza has been approved for use in adults with type two diabetes and is currently being marketed in the United States and Canada. The company is currently evaluating Gabapentin GR for the treatment of two pain indications, postherpetic neuralgia and diabetic peripheral neuropathy, and menopausal hot flashes.

Previous Day Activity Analysis

On the last trading day, Depomed, Inc. (NASDAQ:DEPO) opened the session at $5.12 and after going up 0.59% closed at $5.15. The stock gained 0.03 points in the last trade.

Depomed, Inc. (NASDAQ:DEPO)’s stock fluctuated in the range of $4.93 and $5.17 during the previous active session. Depomed, Inc. (NASDAQ:DEPO) traded with the volume of 1.74 Million with average volume of 1.72 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.18 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.31 and 31.91 respectively.

Currently the Insider Ownership of the shares of Depomed, Inc. (NASDAQ:DEPO) is at 1.22% and the shares outstanding are 62.62 Million.

Important Ratio Analysis

Some important ratios to consider here for Depomed, Inc. (NASDAQ:DEPO) are discussed below:

Dividend yield of Depomed, Inc. (NASDAQ:DEPO) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 7.57.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0.76 and 1.52 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.76 and 3.53 correspondingly.

The Quick Ratio of Depomed, Inc. (NASDAQ:DEPO) stands at 0.7 while the Current Ratio depicts the value of 0.8.

Return on Assets ROA of Depomed, Inc. (NASDAQ:DEPO) is at -9.3% whereas, Return on Equity ROE and Return of Investment ROI of Depomed, Inc. (NASDAQ:DEPO) stand at -45% and 0% respectively.

Stock Performance Analysis

The stock performance of Depomed, Inc. (NASDAQ:DEPO) on the basis of 5 day trade show the dip of -12.12% whereas, the monthly performance of the stock shows decrease of -19.78%.

The quarterly performance of the stock remained in red zone with the value of -52.31% while six month performance of the shares of Depomed, Inc. (NASDAQ:DEPO) remained bearish with the count of -57.79%.

The yearly and YTD performance of Depomed, Inc. (NASDAQ:DEPO) remained down at -78.85% and -71.42% respectively.