On Friday, Ardelyx Inc (NASDAQ: ARDX) was -2.91% drop from the session before settling in for the closing price of $5.16. A 52-week range for ARDX has been $4.32 – $10.13.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 157.98%. When this article was written, the company’s average yearly earnings per share was at 43.17%. With a float of $227.60 million, this company’s outstanding shares have now reached $236.89 million.
The extent of productivity of a business whose workforce counts for 267 workers is very important to gauge. 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 3.91%, while institutional ownership is 61.54%. The most recent insider transaction that took place on Jan 16 ’25, was worth 588,500. Before that another transaction happened on Jan 07 ’25, when Company’s President & CEO sold 41,666 for $5.31, making the entire transaction worth $221,309. This insider now owns 1,129,552 shares in total.
Ardelyx Inc (ARDX) Latest Financial update
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 43.17% per share during the next fiscal year.
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 4.71.
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 -0.14 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
The latest stats from [Ardelyx Inc, ARDX] show that its last 5-days average volume of 6.94 million was superior to 5.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.04%. Additionally, its Average True Range was 0.38.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 24.13%, which indicates a significant decrease from 27.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.22% in the past 14 days, which was higher than the 74.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.20, while its 200-day Moving Average is $6.09. Now, the first resistance to watch is $5.20. This is followed by the second major resistance level at $5.39. The third major resistance level sits at $5.49. If the price goes on to break the first support level at $4.91, it is likely to go to the next support level at $4.81. 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 1.19 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.
