Witnessing the stock’s movement on the chart, on May 25, 2023, Ardelyx Inc. (NASDAQ: ARDX) had a quiet start as it plunged -6.27% to $3.29. During the day, the stock rose to $3.57 and sunk to $3.23 before settling in for the price of $3.51 at the close. Taking a more long-term approach, ARDX posted a 52-week range of $0.49-$5.12.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 4.40%. Meanwhile, its Annual Earning per share during the time was 20.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 72.10%. This publicly-traded company’s shares outstanding now amounts to $207.02 million, simultaneously with a float of $184.91 million. The organization now has a market capitalization sitting at $723.44 million. At the time of writing, stock’s 50-day Moving Average stood at $4.35, while the 200-day Moving Average is $2.62.
If we measure the efficiency of the company that is accounted for 133 employees. It has generated 392,165 per worker during the last fiscal year. Meanwhile, its income per employee was -505,316. The stock had 12.67 Receivables turnover and 0.31 Total Asset turnover. For the Profitability, stocks gross margin was +83.29, operating margin was -122.24 and Pretax Margin of -128.84.
Ardelyx Inc. (ARDX) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Ardelyx Inc.’s current insider ownership accounts for 1.80%, in contrast to 36.50% institutional ownership. According to the most recent insider trade that took place on May 23, this organization’s President & CEO sold 11,357 shares at the rate of 3.65, making the entire transaction reach 41,489 in total value, affecting insider ownership by 887,655. Preceding that transaction, on May 23, Company’s Chief Commercial Officer sold 4,711 for 3.65, making the whole transaction’s value amount to 17,210. This particular insider is now the holder of 353,420 in total.
Ardelyx Inc. (ARDX) Earnings and Revenue Records
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.13 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.1) by -$0.03. This company achieved a net margin of -128.85 while generating a return on equity of -74.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
Ardelyx Inc.’s EPS increase for this current 12-month fiscal period is 72.10% and is forecasted to reach 0.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the 20.80% growth it accomplished over the previous five years trading on the market.
Ardelyx Inc. (NASDAQ: ARDX) Trading Performance Indicators
Let’s observe the current performance indicators for Ardelyx Inc. (ARDX). It’s Quick Ratio in the last reported quarter now stands at 2.60. The Stock has managed to achieve an average true range (ATR) of 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.46.
In the same vein, ARDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.40, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be 0.01 at the market close of one year from today.
Technical Analysis of Ardelyx Inc. (ARDX)
Going through the that latest performance of [Ardelyx Inc., ARDX]. Its last 5-days volume of 6.6 million was inferior to the volume of 6.88 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 8.57% While, its Average True Range was 0.29.
Raw Stochastic average of Ardelyx Inc. (ARDX) in the period of the previous 100 days is set at 26.45%, which indicates a major rise in contrast to 4.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 74.07% that was lower than 85.00% volatility it exhibited in the past 100-days period.