Aldeyra Therapeutics Inc (NASDAQ: ALDX) closed the day trading at $4.22 up 16.57% from the previous closing price of $3.62. In other words, the price has increased by $+0.6000 from its previous closing price. On the day, 1356668 shares were traded. ALDX stock price reached its highest trading level at $4.3400 during the session, while it also had its lowest trading level at $3.6201.
Ratios:
For a better understanding of ALDX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.67 and its Current Ratio is at 6.67. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 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. 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 248.23M and an Enterprise Value of 121.08M.
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 3.3586, while the 200-Day Moving Average is calculated to be 5.5550.
Shares Statistics:
Over the past 3-months, ALDX traded about 941.10K shares per day on average, while over the past 10 days, ALDX traded about 496.69k shares per day. A total of 58.56M shares are outstanding, with a floating share count of 56.61M. Insiders hold about 3.76% of the company’s shares, while institutions hold 59.63% stake in the company. Shares short for ALDX as of Feb 15, 2024 were 1.93M with a Short Ratio of 2.05, 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
Current recommendations for the stock of the company come from 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.
