On Tuesday, Ardelyx Inc (NASDAQ: ARDX) was 4.35% up from the session before settling in for the closing price of $5.29. A 52-week range for ARDX has been $4.32 – $10.13.
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Annual sales at Healthcare sector company grew by 157.98% over the past five years. When this article was written, the company’s average yearly earnings per share was at 42.61%. With a float of $227.39 million, this company’s outstanding shares have now reached $236.89 million.
Let’s look at the performance matrix of the company that is accounted for 267 employees. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardelyx Inc stocks. The insider ownership of Ardelyx Inc is 4.00%, while institutional ownership is 61.52%. The most recent insider transaction that took place on Jan 31 ’25, was worth 223,355. In this transaction President & CEO of this company sold 41,666 shares at a rate of $5.36, taking the stock ownership to the 1,108,719 shares. Before that another transaction happened on Jan 21 ’25, when Company’s Director bought 199,000 for $4.99, making the entire transaction worth $992,672. This insider now owns 1,937,765 shares in total.
Ardelyx Inc (ARDX) Performance Highlights and Predictions
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 42.61% 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 5.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.31, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Ardelyx Inc (NASDAQ: ARDX) saw its 5-day average volume 3.15 million, a negative change from its year-to-date volume of 4.73 million. As of the previous 9 days, the stock’s Stochastic %D was 53.33%. Additionally, its Average True Range was 0.33.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 41.96%, which indicates a significant decrease from 70.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.58% in the past 14 days, which was lower than the 74.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.24, while its 200-day Moving Average is $5.99. Nevertheless, the first resistance level for the watch stands at $5.62 in the near term. At $5.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.90. If the price goes on to break the first support level at $5.34, it is likely to go to the next support level at $5.17. Assuming the price breaks the second support level, the third support level stands at $5.06.
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.
