On Friday, Ardelyx Inc (NASDAQ: ARDX) was 3.71% up from the session before settling in for the closing price of $5.12. A 52-week range for ARDX has been $4.06 – $10.13.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 146.90%. When this article was written, the company’s average yearly earnings per share was at 41.17%. With a float of $227.75 million, this company’s outstanding shares have now reached $232.45 million.
Let’s determine the extent of company efficiency that accounts for 267 employees. In terms of profitability, gross margin is 84.55%, operating margin of -25.44%, and the pretax margin is -28.6%.
Ardelyx Inc (ARDX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardelyx Inc stocks. The insider ownership of Ardelyx Inc is 3.84%, while institutional ownership is 61.11%. The most recent insider transaction that took place on Nov 20 ’24, was worth 35,316. In this transaction Chief Medical Officer of this company sold 7,366 shares at a rate of $4.79, taking the stock ownership to the 308,745 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Development Officer sold 4,941 for $4.79, making the entire transaction worth $23,690. This insider now owns 297,005 shares in total.
Ardelyx Inc (ARDX) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.12 earnings per share (EPS) during the time that was less than consensus figure (set at -0.09) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.17% 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
You can see what Ardelyx Inc (ARDX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.31, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Looking closely at Ardelyx Inc (NASDAQ: ARDX), its last 5-days average volume was 4.5 million, which is a drop from its year-to-date volume of 4.97 million. As of the previous 9 days, the stock’s Stochastic %D was 73.57%. Additionally, its Average True Range was 0.38.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 34.14%, which indicates a significant decrease from 44.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.41% in the past 14 days, which was higher than the 68.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.84, while its 200-day Moving Average is $6.69. However, in the short run, Ardelyx Inc’s stock first resistance to watch stands at $5.42. Second resistance stands at $5.52. The third major resistance level sits at $5.70. If the price goes on to break the first support level at $5.13, it is likely to go to the next support level at $4.95. Should the price break the second support level, the third support level stands at $4.85.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
There are 236,854K outstanding shares of the company, which has a market capitalization of 1.30 billion. As of now, sales total 124,460 K while income totals -66,070 K. Its latest quarter income was 98,240 K while its last quarter net income were -810 K.
