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Stock impact report

Recro Pharma: Restructuring Points To Profits [Seeking Alpha]

Recro Pharma, Inc. (REPH) 
Last recro pharma, inc. earnings: 11/8 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.recropharma.com
Company Research Source: Seeking Alpha
Recro Pharma: Restructuring Points To Profits Summary Recro Pharma recently received its second CRL from the FDA regarding its IV Meloxicam product candidate. As a result, the company has announced a restructuring of its Acute Care Segment. The company plans to rally around its prosperous CDMO segment and expects it to be cash flow positive in 2H of 2019. The market welcomed the news about restructuring with the share price showing a reversal and a potential return to pre-CRL trading levels. I take a look at the charts to find an entry point and identify key areas for current investors. In addition, I provide my REPH target price for 2019. On April 3rd, Recro Pharma (NASDAQ: publicized break-even This news was embraced by the market with the stock shooting up over 20% after-hours trading on Wednesday. This positive reaction puts the share price above the 200-day moving average Image Source CRL Details Back on March 22nd, Recro Previously, the IV Meloxicam product was issued its first Show less Read more
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