On Monday, Ardelyx Inc (NASDAQ: ARDX) was -7.87% drop from the session before settling in for the closing price of $5.72. A 52-week range for ARDX has been $4.34 – $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%. 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.
Considering the fact that the conglomerate employs 267 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 84.76%, 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 3.81%, while institutional ownership is 61.53%. 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) Earnings and Forecasts
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 5.15.
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)
Compared to the last year’s volume of 4.91 million, its volume of 3.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.26%. Additionally, its Average True Range was 0.36.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 32.73%, which indicates a significant decrease from 51.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.08% in the past 14 days, which was lower than the 68.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.71, while its 200-day Moving Average is $6.52. Nevertheless, the first resistance level for the watch stands at $5.64 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 $6.24. If the price goes on to break the first support level at $5.04, it is likely to go to the next support level at $4.81. Should the price break the second support level, the third support level stands at $4.44.
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.
