Witnessing the stock’s movement on the chart, on Wednesday, Ardelyx Inc (NASDAQ: ARDX) set off with pace as it heaved 2.71% to $4.92, before settling in for the price of $4.79 at the close. Taking a more long-term approach, ARDX posted a 52-week range of $4.06-$10.13.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare sector firm’s twelve-monthly sales growth has been 146.90% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 28.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 41.17%. This publicly-traded company’s shares outstanding now amounts to $232.45 million, simultaneously with a float of $227.87 million. The organization now has a market capitalization sitting at $1.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.88, while the 200-day Moving Average is $6.73.
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 3.79%, in contrast to 61.11% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Director bought 215,868 shares at the rate of 4.62, making the entire transaction reach 996,598 in total value, affecting insider ownership by 1,425,465. Preceding that transaction, on Nov 11 ’24, Company’s President & CEO sold 2,743 for 4.90, making the whole transaction’s value amount to 13,441. This particular insider is now the holder of 1,207,365 in total.
Ardelyx Inc (ARDX) Earnings and Revenue Records
Ardelyx Inc’s EPS increase for this current 12-month fiscal period is 41.17% and is forecasted to reach -0.11 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 28.61% 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 3.87. The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.63.
In the same vein, ARDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.31, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be -0.11 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 5.91 million indicated improvement to the volume of 4.98 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 28.90% While, its Average True Range was 0.40.
Raw Stochastic average of Ardelyx Inc (ARDX) in the period of the previous 100 days is set at 20.41%, which indicates a major fall in contrast to 26.47% 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 121.84% that was higher than 88.37% volatility it exhibited in the past 100-days period.
