Technical Signal Analysis for Corcept Therapeutics Incorporated (NASDAQ:CORT)

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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 Corcept Therapeutics Incorporated (NASDAQ:CORT) for the period of 9-Day stands at 51.69% while the stochastic %D for the same period stands at 59.13%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Corcept Therapeutics Incorporated (NASDAQ:CORT) 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 “Buy” for Corcept Therapeutics Incorporated (NASDAQ:CORT) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Corcept Therapeutics Incorporated (NASDAQ:CORT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Corcept Therapeutics Incorporated is a pharmaceutical company. It is engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. The company focuses on disorders that are associated with a steroid hormone called cortisol. It is developing its lead product, CORLUX for the treatment of the psychotic features of psychotic major depression. Corcept Therapeutics Incorporated is headquartered in Menlo Park, California.

Previous Day Activity Analysis

On the last trading day, Corcept Therapeutics Incorporated (NASDAQ:CORT) opened the session at $18.19 and after going up 5.3% closed at $18.87. The stock gained 0.68 points in the last trade.

Corcept Therapeutics Incorporated (NASDAQ:CORT)’s stock fluctuated in the range of $18.16 and $18.88 during the previous active session. Corcept Therapeutics Incorporated (NASDAQ:CORT) traded with the volume of 1.66 Million with average volume of 1.42 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.06 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.01 and 52.63 respectively.

Currently the Insider Ownership of the shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) is at 9.66% and the shares outstanding are 118.21 Million.

Important Ratio Analysis

Some important ratios to consider here for Corcept Therapeutics Incorporated (NASDAQ:CORT) are discussed below:

Dividend yield of Corcept Therapeutics Incorporated (NASDAQ:CORT) stands at 0% whereas Price to Earnings P/E ratio stands at 94.35 while Forward P/E shows the value of 26.96.

The PEG ratio (Price to Earning to Growth) emits the value of 1.29. The Price to Sale P/S and Price to Book P/B shows the value of 20.52 and 32.53 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 33.75 and 58.55 correspondingly.

The Quick Ratio of Corcept Therapeutics Incorporated (NASDAQ:CORT) stands at 3.8 while the Current Ratio depicts the value of 4.

Return on Assets ROA of Corcept Therapeutics Incorporated (NASDAQ:CORT) is at 33% whereas, Return on Equity ROE and Return of Investment ROI of Corcept Therapeutics Incorporated (NASDAQ:CORT) stand at 51.4% and 18.1% respectively.

Stock Performance Analysis

The stock performance of Corcept Therapeutics Incorporated (NASDAQ:CORT) on the basis of 5 day trade show the dip of -5.03% whereas, the monthly performance of the stock shows increase of 5.95%.

The quarterly performance of the stock remained in green zone with the value of 52.05% while six month performance of the shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) remained bullish with the count of 74.4%.

The yearly and YTD performance of Corcept Therapeutics Incorporated (NASDAQ:CORT) remained up at 201.44% and 159.92% respectively.