On Monday, Ardelyx Inc (NASDAQ: ARDX) opened lower -0.91% from the last session, before settling in for the closing price of $5.52. Price fluctuations for ARDX have ranged from $4.32 to $10.13 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 157.98%. Company’s average yearly earnings per share was noted 42.84% at the time writing. With a float of $227.39 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
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Ardelyx Inc is 4.00%, while institutional ownership is 61.56%. The most recent insider transaction that took place on Jan 21 ’25, was worth 992,672. In this transaction Director of this company bought 199,000 shares at a rate of $4.99, taking the stock ownership to the 1,937,765 shares. Before that another transaction happened on Jan 16 ’25, when Company’s Officer proposed sale 110,000 for $5.35, making the entire transaction worth $588,500.
Ardelyx Inc (ARDX) Earnings and Forecasts
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 42.84% per share during the next fiscal year.
Ardelyx Inc (NASDAQ: ARDX) Trading Performance Indicators
Check out the current performance indicators for Ardelyx Inc (ARDX). In the past 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 5.14.
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)
Compared to the last year’s volume of 5.35 million, its volume of 5.17 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.28%. Additionally, its Average True Range was 0.37.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 40.21%, which indicates a significant decrease from 50.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.84% in the past 14 days, which was higher than the 76.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.16, while its 200-day Moving Average is $6.04. Nevertheless, the first resistance level for the watch stands at $5.69 in the near term. At $5.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.03. If the price goes on to break the first support level at $5.35, it is likely to go to the next support level at $5.24. Should the price break the second support level, the third support level stands at $5.01.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
There are currently 236,854K shares outstanding in the company with a market cap of 1.30 billion. Presently, the company’s annual sales total 124,460 K according to its annual income of -66,070 K. Last quarter, the company’s sales amounted to 98,240 K and its income totaled -810 K.
