Ardelyx Inc (NASDAQ: ARDX) kicked off on Tuesday, down -1.70% from the previous trading day, before settling in for the closing price of $5.88. Over the past 52 weeks, ARDX has traded in a range of $3.40-$10.13.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 146.90%. While this was happening, its average annual earnings per share was recorded 14.10%. With a float of $226.74 million, this company’s outstanding shares have now reached $232.45 million.
Considering the fact that the conglomerate employs 267 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 85.86%, operating margin of -28.05%, and the pretax margin is -30.68%.
Ardelyx Inc (ARDX) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Ardelyx Inc is 3.69%, while institutional ownership is 62.18%. The most recent insider transaction that took place on Oct 11 ’24, was worth 45,075. In this transaction President & CEO of this company sold 7,500 shares at a rate of $6.01, taking the stock ownership to the 1,210,108 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Officer proposed sale 7,500 for $6.01, making the entire transaction worth $45,075.
Ardelyx Inc (ARDX) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (set at -0.11) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to 28.61% growth over the previous five years of trading.
Ardelyx Inc (NASDAQ: ARDX) Trading Performance Indicators
Take a look at Ardelyx Inc’s (ARDX) current performance indicators. Last quarter, stock had a quick ratio of 3.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Compared to the last year’s volume of 4.91 million, its volume of 2.83 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.03%. Additionally, its Average True Range was 0.27.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 23.75%, which indicates a significant increase from 12.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.26% in the past 14 days, which was lower than the 80.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.09, while its 200-day Moving Average is $7.08. Nevertheless, the first resistance level for the watch stands at $5.90 in the near term. At $6.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.14. If the price goes on to break the first support level at $5.66, it is likely to go to the next support level at $5.53. Now, if the price goes above the second support level, the third support stands at $5.42.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
The company with the Market Capitalisation of 1.36 billion has total of 232,700K Shares Outstanding. Its annual sales at the moment are 124,460 K in contrast with the sum of -66,070 K annual income. Company’s last quarter sales were recorded 73,220 K and last quarter income was -16,450 K.
