On Friday, Ardelyx Inc (NASDAQ: ARDX) was -2.93% drop from the session before settling in for the closing price of $5.12. A 52-week range for ARDX has been $4.32 – $10.13.
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A company in the Healthcare sector has jumped its sales by 157.98% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 41.50%. With a float of $227.58 million, this company’s outstanding shares have now reached $236.89 million.
In an organization with 267 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardelyx Inc stocks. The insider ownership of Ardelyx Inc is 3.92%, while institutional ownership is 61.44%. The most recent insider transaction that took place on Dec 19 ’24, was worth 996,580. In this transaction Director of this company bought 213,300 shares at a rate of $4.67, taking the stock ownership to the 1,638,765 shares. Before that another transaction happened on Dec 10 ’24, when Company’s President & CEO sold 25,000 for $5.26, making the entire transaction worth $131,620. This insider now owns 1,150,385 shares in total.
Ardelyx Inc (ARDX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 41.50% 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 4.54.
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 -0.12 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Let’s dig in a bit further. During the last 5-days, its volume was 4.77 million. That was better than the volume of 4.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.64%. Additionally, its Average True Range was 0.34.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 22.73%, which indicates a significant decrease from 56.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.34% in the past 14 days, which was higher than the 69.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.30, while its 200-day Moving Average is $6.19. However, in the short run, Ardelyx Inc’s stock first resistance to watch stands at $5.12. Second resistance stands at $5.26. The third major resistance level sits at $5.37. If the price goes on to break the first support level at $4.87, it is likely to go to the next support level at $4.76. The third support level lies at $4.62 if the price breaches the second support level.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
There are 236,854K outstanding shares of the company, which has a market capitalization of 1.14 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.
