Economy

Morning Watch List Corcept Therapeutics Incorporated (NASDAQ:CORT)

CPSS's SI was 1.46M shares in October as released by FINRA. 167.16 million shares or 1.53% more from 164.65 million shares in 2017Q1 were reported. The stock decreased 0.22% or $0.01 on October 10, reaching $4.63. Ingalls & Snyder Llc sold 530,200 shares as Corcept Therapeutics Inc (CORT)'s stock rose 42.01%. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Therefore 0 are positive. Corcept Therapeutics Inc now has $2.31 billion valuation. The stock of Corcept Therapeutics Incorporated (NASDAQ:CORT) has "Buy" rating given on Friday, September 8 by Piper Jaffray.

Corcept Therapeutics Incorporat (NASDAQ:CORT) has been the object of insider selling activity recently. The company has the market capitalization of $2.00B while its P/B ratio was 32.22. Ladenburg Thalmann has "Buy" rating and $14 target.

Corcept Therapeutics Incorporated, launched on May 13, 1998, is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. The company maintains price to book ratio of 2.01. The Company is developing mifepristone, a compound that modulates the effects of cortisol by acting as a competitive antagonist at the glucocorticoid receptor (GR). It has a 96.08 P/E ratio. Over the last three months, the shares of the company have changed -85.13% and performed -87.41% over the last six months. The 50 day moving average was up $1.33 and the 200 day average was up $5.76. About 1,425 shares traded.

Shares of Corcept Therapeutics (CORT) opened at 18.69 on Tuesday. It has outperformed by 108.11% the S&P500.

Corcept Therapeutics (NASDAQ:CORT) last issued its earnings results on Tuesday, August 1st.

While considering EPS estimates of the company, it has next quarter growth estimates of 0.15 whereas during current year it has 0.42 estimations over growth, comparing to the estimations of 0.7 during next year. During the same quarter previous year, the firm earned $0.01 EPS.

Investors are more bearish on shares of Corcept Therapeutics Incorporat lately as evidenced by the motion in short interest. Blair William Co Il owns 27,000 shares. Nationwide Fund Advsrs invested 0% in Corcept Therapeutics Incorporated (NASDAQ:CORT). The stock went up 50.36% at some stage in past quarter. Insiders own 19.20% of the company's stock. Moreover, Lord Abbett & Co Ltd Liability has 0.02% invested in Corcept Therapeutics Incorporated (NASDAQ:CORT). Federated Pa invested 0.48% of its portfolio in Corcept Therapeutics Incorporated (NASDAQ:CORT). Swiss Comml Bank has invested 0% of its portfolio in Stepan Company (NYSE:SCL). It dived, as 34 investors sold Murphy Oil Corporation shares while 99 reduced holdings. Renaissance Technology Llc reported 320,200 shares. 649,573 were reported by Aqr Capital Mngmt Limited Liability Company. California State Teachers Retirement System lifted its stake in Corcept Therapeutics by 9.7% during the second quarter.

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The company has market cap of $4.43 billion. The Company's business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans.

Analysts have given a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The firm has "Buy" rating given on Thursday, June 15 by Jefferies. A beta of less than 1 means that the security will be less volatile than the market. Robb Gary Charles bought 5,600 shares worth $54,588. Seaport Global maintained Stepan Company (NYSE:SCL) rating on Wednesday, August 24. Jefferies has "Buy" rating and $600 target. The shares were sold at an average price of $12.50, for a total value of $287,575.00.

Investors sentiment decreased to 1.11 in Q2 2017. Credit Suisse Ag holds 0% or 66,598 shares. Canada Pension Plan Inv Board reported 10,410 shares stake. Prudential Financial holds 633,223 shares or 0.01% of its portfolio. Peak6 Investments Lp owns 39,459 shares.



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