Can Recro Pharma Inc. (NASDAQ:REPH) Break Through?

Recro Pharma, Inc. (NASDAQ:REPH) is currently trading at $2.57 up 1.58% in the Pre-market. Will REPH move upward or will move in the narrow range like last trading session?

Market Action

REPH lost 3.44% in last session and closed the day at $2.53 on a volume of 0.165 million shares. It has a market cap of $78.430 million, while its average volume is 0.485 million.

REPH Signs Agreement

RecroPharma, Inc. intends to use the net proceed from this offering for general corporate purposes.

  • REPH A contract development and manufacturing challenges for companies developing oral solid dose drug products announced that it is signing a development agreement with Astex Pharmaceuticals, Inc. a leading developer of novel therapeutics for cancer.
  • RecroPharma announced on May 14, 2021, the closing of its previously announced underwritten public offerings of 15 million shares including 1.99 million shares sold to under the underwriters.
  • REPH’s approximate gross proceeds to Recropharma from this offering is $34.5 million before underwriters discount and commission and estimated offering expenses.

Trader Notes

Share Information

SHARES OUTSTANDING 31.03 M
SHARE FLOAT (%) 26.88 M (86.64%)
% HELD BY INSTITUTIONS 63.04

Recent Stock Performance

5-DAY PERF. -4.17%
1-MONTH PERF. -8.33%
3-MONTH PERF. -42.76%
6-MONTH PERF. +32.46%
YTD PERF. -11.23%
1-YEAR PERF. -41.97%

Moving Averages

+/- EMA(20) 2.68 (-5.60%)
+/- SMA(50) 3.02 (-16.23%)
+/- SMA(200) 2.86 (-11.54%)

Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 2.3267 2.4033 2.4667 2.5433 2.6067 2.6833 2.7467
Fibonacci 2.4033 2.4568 2.4899 2.5433 2.5968 2.6299 2.6833

Technical Indicators

Symbol Value Result Symbol Value Result
ADX 22.1762 Neutral ATR14 0.2741
CCI20 -61.5589 Sell Chaikin Money Flow 0.1036 Buy
MACD -0.2069 Sell Money Flow Index 31.6485 Sell
ROC -4.8872 Sell RSI 43.3166 Buy
STOCH (14,3) 32.6087 Sell STOCH RSI 0.5158 Neutral
UO 50.7832 Buy Williams %R -67.3913 Neutral

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