Ardelyx Inc (NASDAQ: ARDX) on Thursday, soared 4.67% from the previous trading day, before settling in for the closing price of $4.60. Within the past 52 weeks, ARDX’s price has moved between $4.02 and $9.33.
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A company in the Healthcare sector has jumped its sales by 159.99% annually for the last half of the decade. The company achieved an average annual earnings per share of -36.07%. With a float of $230.59 million, this company’s outstanding shares have now reached $238.02 million.
In an organization with 395 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Ardelyx Inc is 3.26%, while institutional ownership is 63.69%. The most recent insider transaction that took place on Apr 04 ’25, was worth 191,151. In this transaction President & CEO of this company sold 41,666 shares at a rate of $4.59, taking the stock ownership to the 1,615,587 shares. Before that another transaction happened on Mar 17 ’25, when Company’s Officer proposed sale 44,330 for $5.47, making the entire transaction worth $242,559.
Ardelyx Inc (ARDX) Latest Financial update
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 -36.07% per share during the next fiscal year.
Ardelyx Inc (NASDAQ: ARDX) Trading Performance Indicators
Ardelyx Inc (ARDX) is currently performing well based on its current performance indicators. A quick ratio of 4.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44.
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 0.26 in one year’s time.
Technical Analysis of Ardelyx Inc (ARDX)
Let’s dig in a bit further. During the last 5-days, its volume was 4.8 million. That was better than the volume of 4.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.46%. Additionally, its Average True Range was 0.31.
During the past 100 days, Ardelyx Inc’s (ARDX) raw stochastic average was set at 31.42%, which indicates a significant decrease from 81.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.53% in the past 14 days, which was lower than the 67.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.19, while its 200-day Moving Average is $5.53. However, in the short run, Ardelyx Inc’s stock first resistance to watch stands at $4.91. Second resistance stands at $5.01. The third major resistance level sits at $5.19. If the price goes on to break the first support level at $4.63, it is likely to go to the next support level at $4.45. The third support level lies at $4.35 if the price breaches the second support level.
Ardelyx Inc (NASDAQ: ARDX) Key Stats
Market capitalization of the company is 1.15 billion based on 238,356K outstanding shares. Right now, sales total 333,620 K and income totals -39,140 K. The company made 116,130 K in profit during its latest quarter, and 4,640 K in sales during its previous quarter.
