Notable Reporting: Is Collegium Pharmaceutical Inc a Buy? The Stock Rises Again

Notable Reporting: Is Collegium Pharmaceutical Inc a Buy? The Stock Rises Again

The stock of Collegium Pharmaceutical Inc (NASDAQ:COLL) is a huge mover today! The stock increased 11.07% or $1.92 during the last trading session, hitting $19.26. About 757,904 shares traded hands or 167.99% up from the average. Collegium Pharmaceutical Inc (NASDAQ:COLL) has declined 7.81% since February 26, 2016 and is downtrending. It has underperformed by 18.24% the S&P500.
The move comes after 6 months positive chart setup for the $449.27 million company. It was reported on Sep, 30 by Barchart.com. We have $33.32 PT which if reached, will make NASDAQ:COLL worth $327.97 million more.

Analysts await Collegium Pharmaceutical Inc (NASDAQ:COLL) to report earnings on November, 10. They expect $-1.06 EPS, down 130.43% or $0.60 from last year’s $-0.46 per share. After $-1.05 actual EPS reported by Collegium Pharmaceutical Inc for the previous quarter, Wall Street now forecasts 0.95% negative EPS growth.

Collegium Pharmaceutical Inc (NASDAQ:COLL) Ratings Coverage

Out of 2 analysts covering Collegium Pharmaceutical Inc (NASDAQ:COLL), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Collegium Pharmaceutical Inc has been the topic of 2 analyst reports since February 19, 2016 according to StockzIntelligence Inc. William Blair initiated the stock with “Outperform” rating in Friday, February 19 report. As per Tuesday, September 13, the company rating was initiated by Gabelli.

According to Zacks Investment Research, “Collegium Pharmaceutical Inc. is a specialty pharmaceutical company. It develops and commercializes prescription and over-the-counter pharmaceuticals for the treatment of central nervous system, respiratory and skin related disorders. The Company’s product candidate consists of COL-195, COL-196, COL-171, COL-003 and COL-172 which are in different clinical trial. It developed a formulation platform technology, DETERx, for the treatment of chronic pain. Collegium Pharmaceutical Inc. is based in CUMBERLAND, United States.”

More recent Collegium Pharmaceutical Inc (NASDAQ:COLL) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on April 19, 2015. Also Finance.Yahoo.com published the news titled: “Collegium Pharmaceutical (COLL) Jumps: Stock Soars 8.4%” on September 22, 2016. Fool.com‘s news article titled: “Why Collegium Pharmaceutical Is Rocketing Higher Today” with publication date: September 14, 2015 was also an interesting one.

COLL Company Profile

Collegium Pharmaceutical, Inc., incorporated on July 01, 2014, is a specialty pharmaceutical company. The Firm focuses on developing and commercializing abuse-deterrent products that incorporate its DETERx platform technology for the treatment of chronic pain and other diseases. The Company’s lead product candidate, Xtampza ER (Xtampza), is an abuse-deterrent, extended-release, oral formulation of oxycodone, a prescribed opioid medication.

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