The closing price of Aldeyra Therapeutics Inc (NASDAQ: ALDX) was $3.62 for the day, down -5.97% from the previous closing price of $3.85. In other words, the price has decreased by -$0.2300 from its previous closing price. On the day, 788771 shares were traded. ALDX stock price reached its highest trading level at $3.8450 during the session, while it also had its lowest trading level at $3.4700.
Ratios:
Our analysis of ALDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.44 and its Current Ratio is at 6.44. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.00.
On February 08, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $26.
On December 16, 2020, Berenberg started tracking the stock assigning a Buy rating and target price of $32.Berenberg initiated its Buy rating on December 16, 2020, with a $32 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 18 ’23 when PERCEPTIVE ADVISORS LLC sold 306,499 shares for $1.74 per share. The transaction valued at 533,308 led to the insider holds 8,593,586 shares of the business.
PERCEPTIVE ADVISORS LLC sold 2,450,000 shares of ALDX for $3,920,000 on Oct 16 ’23. The 10% Owner now owns 8,900,085 shares after completing the transaction at $1.60 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALDX now has a Market Capitalization of 213.20M and an Enterprise Value of 86.04M.
Stock Price History:
Over the past 52 weeks, ALDX has reached a high of $11.97, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is 3.4038, while the 200-Day Moving Average is calculated to be 5.4064.
Shares Statistics:
ALDX traded an average of 881.10K shares per day over the past three months and 569.16k shares per day over the past ten days. A total of 59.20M shares are outstanding, with a floating share count of 56.61M. Insiders hold about 3.76% of the company’s shares, while institutions hold 59.62% stake in the company. Shares short for ALDX as of Feb 15, 2024 were 1.93M with a Short Ratio of 2.18, compared to 2.2M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.27% and a Short% of Float of 4.16%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.24, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.07 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.55 and -$0.8 for the fiscal current year, implying an average EPS of -$0.7. EPS for the following year is -$0.15, with 8 analysts recommending between $1.67 and -$1.11.
