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The closing price of Ardelyx Inc (NASDAQ: ARDX) was $3.53 for the day, down -2.49% from the previous closing price of $3.62. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 6.26 million shares were traded.
Ratios:
Our analysis of ARDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 4.12. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.06.
On March 04, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $14.BTIG Research initiated its Buy rating on March 04, 2025, with a $14 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 May 02 ’25 when MOTT DAVID M bought 381,377 shares for $4.22 per share. The transaction valued at 1,610,936 led to the insider holds 2,396,871 shares of the business.
RAAB MICHAEL sold 41,666 shares of ARDX for $177,168 on May 02 ’25. The President & CEO now owns 1,594,754 shares after completing the transaction at $4.25 per share. On May 02 ’25, another insider, MICHAEL RAAB, who serves as the Director of the company, bought 125,000 shares for $5.47 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 5.80.
Stock Price History:
Over the past 52 weeks, ARDX has reached a high of $8.14, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is -27.39%, while the 200-Day Moving Average is calculated to be -35.10%.
Shares Statistics:
A total of 239.20M shares are outstanding, with a floating share count of 231.16M. Insiders hold about 3.38% of the company’s shares, while institutions hold 63.58% stake in the company.
