Ardelyx Inc (ARDX) kicked off at the price of $5.54: Venture capitalists have an exciting new opportunity

On Monday, Ardelyx Inc (NASDAQ: ARDX) was -2.29% drop from the session before settling in for the closing price of $5.67. A 52-week range for ARDX has been $4.34 – $10.13.

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Healthcare Sector giant saw their annual sales surged by 146.90% over the last five years. When this article was written, the company’s average yearly earnings per share was at 41.17%. With a float of $227.84 million, this company’s outstanding shares have now reached $236.89 million.

The firm has a total of 267 workers. Let’s measure their productivity. In terms of profitability, gross margin is 84.76%, operating margin of -25.44%, and the pretax margin is -28.6%.

Ardelyx Inc (ARDX) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardelyx Inc stocks. The insider ownership of Ardelyx Inc is 3.82%, while institutional ownership is 61.02%. The most recent insider transaction that took place on Nov 25 ’24, was worth 134,482. In this transaction President & CEO of this company sold 25,000 shares at a rate of $5.38, taking the stock ownership to the 1,150,385 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Officer proposed sale 25,000 for $5.38, making the entire transaction worth $134,480.

Ardelyx Inc (ARDX) Recent Fiscal highlights

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 5.19.

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 -0.07 in one year’s time.

Technical Analysis of Ardelyx Inc (ARDX)

Analysing the last 5-days average volume posted by the [Ardelyx Inc, ARDX], we can find that recorded value of 3.56 million was lower than the volume posted last year of 4.93 million. As of the previous 9 days, the stock’s Stochastic %D was 87.82%. Additionally, its Average True Range was 0.34.

During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 42.24%, which indicates a significant decrease from 81.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.78% in the past 14 days, which was lower than the 68.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.78, while its 200-day Moving Average is $6.60. Now, the first resistance to watch is $5.65. This is followed by the second major resistance level at $5.75. The third major resistance level sits at $5.82. If the price goes on to break the first support level at $5.48, it is likely to go to the next support level at $5.41. Now, if the price goes above the second support level, the third support stands at $5.31.

Ardelyx Inc (NASDAQ: ARDX) Key Stats

There are 236,854K outstanding shares of the company, which has a market capitalization of 1.31 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.