On Friday, Ardelyx Inc (NASDAQ: ARDX) opened lower -11.54% from the last session, before settling in for the closing price of $5.72. Price fluctuations for ARDX have ranged from $4.32 to $9.83 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 159.99% over the last five years. Company’s average yearly earnings per share was noted -13.72% at the time writing. With a float of $228.88 million, this company’s outstanding shares have now reached $238.02 million.
The firm has a total of 395 workers. Let’s measure their productivity. 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 63.89%. The most recent insider transaction that took place on Feb 20 ’25, was worth 27,783. In this transaction Chief Medical Officer of this company sold 4,941 shares at a rate of $5.62, taking the stock ownership to the 303,804 shares. Before that another transaction happened on Feb 20 ’25, when Company’s Chief Financial Officer sold 5,171 for $5.62, making the entire transaction worth $29,077. This insider now owns 285,968 shares in total.
Ardelyx Inc (ARDX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.72% 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 4.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Analysing the last 5-days average volume posted by the [Ardelyx Inc, ARDX], we can find that recorded value of 5.28 million was better than the volume posted last year of 4.43 million. As of the previous 9 days, the stock’s Stochastic %D was 38.08%. Additionally, its Average True Range was 0.37.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 25.87%, which indicates a significant increase from 0.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.56% in the past 14 days, which was higher than the 79.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.31, while its 200-day Moving Average is $5.93. Now, the first resistance to watch is $5.51. This is followed by the second major resistance level at $5.96. The third major resistance level sits at $6.19. If the price goes on to break the first support level at $4.83, it is likely to go to the next support level at $4.60. Should the price break the second support level, the third support level stands at $4.15.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
There are currently 236,854K shares outstanding in the company with a market cap of 1.21 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.
