On Tuesday, Ardelyx Inc (NASDAQ: ARDX) was 7.25% up from the session before settling in for the closing price of $5.24. A 52-week range for ARDX has been $4.32 – $9.33.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 159.99%. When this article was written, the company’s average yearly earnings per share was at -22.81%. With a float of $227.61 million, this company’s outstanding shares have now reached $238.02 million.
Let’s determine the extent of company efficiency that accounts for 395 employees. In terms of profitability, gross margin is 84.55%, operating margin of -8.38%, and the pretax margin is -11.65%.
Ardelyx Inc (ARDX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardelyx Inc stocks. The insider ownership of Ardelyx Inc is 4.51%, while institutional ownership is 63.65%. The most recent insider transaction that took place on Mar 07 ’25, was worth 223,199. In this transaction President & CEO of this company sold 41,668 shares at a rate of $5.36, taking the stock ownership to the 1,635,138 shares. Before that another transaction happened on Feb 24 ’25, when Company’s Director bought 77,729 for $5.00, making the entire transaction worth $388,738. This insider now owns 2,015,494 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 -22.81% 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 4.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.02.
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 0.29 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Looking closely at Ardelyx Inc (NASDAQ: ARDX), its last 5-days average volume was 2.69 million, which is a drop from its year-to-date volume of 4.11 million. As of the previous 9 days, the stock’s Stochastic %D was 65.24%. Additionally, its Average True Range was 0.33.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 58.30%, which indicates a significant decrease from 75.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.99% in the past 14 days, which was higher than the 78.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.38, while its 200-day Moving Average is $5.76. However, in the short run, Ardelyx Inc’s stock first resistance to watch stands at $5.77. Second resistance stands at $5.92. The third major resistance level sits at $6.20. 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 $5.06. Should the price break the second support level, the third support level stands at $4.91.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
There are 238,356K outstanding shares of the company, which has a market capitalization of 1.34 billion. As of now, sales total 333,620 K while income totals -39,140 K. Its latest quarter income was 116,130 K while its last quarter net income were 4,640 K.
