Transcept Pharmaceuticals: Deep Value, Quick Return Possible

Transcept Pharmaceuticals Inc (NASDAQ:TSPT) is a speciality pharmaceutical company focused on the development of products that address the therapeutic needs in the field of neuroscience. At present the company has a market capitalization of $66.3 million and an average daily volume of 150,580 shares. Also see: How Doing What Is Right Helped Build the Indian Financial System Transcept Pharmaceuticals offers deep value Currently, Transcept Pharmaceuticals Inc (NASDAQ:TSPT) offers deep value, as the company is trading below the value of its cash balance. Indeed, at the end of the fiscal third quarter, Transcept reported cash and short-term investments of just under…