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The closing price of Ardelyx Inc (NASDAQ: ARDX) was $5.44 for the day, up 0.55% from the previous closing price of $5.41. In other words, the price has increased by $0.55 from its previous closing price. On the day, 2.82 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 4.31 and its Current Ratio is at 4.58. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on March 04, 2025, initiated with a Buy rating and assigned the stock a target price of $14.
On November 11, 2024, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11 to $5.50.
Piper Sandler Downgraded its Overweight to Neutral on July 02, 2024, whereas the target price for the stock was revised from $15 to $7.
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 Feb 24 ’25 when MOTT DAVID M bought 77,729 shares for $5.00 per share. The transaction valued at 388,738 led to the insider holds 2,015,494 shares of the business.
Williams Laura A sold 4,941 shares of ARDX for $27,783 on Feb 20 ’25. The Chief Medical Officer now owns 303,804 shares after completing the transaction at $5.62 per share. On Feb 20 ’25, another insider, Renz Justin A, who serves as the Chief Financial Officer of the company, sold 5,171 shares for $5.62 each. As a result, the insider received 29,077 and left with 285,968 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 7.47.
Stock Price History:
Over the past 52 weeks, ARDX has reached a high of $9.83, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 2.16%, while the 200-Day Moving Average is calculated to be -6.38%.
Shares Statistics:
A total of 238.02M shares are outstanding, with a floating share count of 227.61M. Insiders hold about 4.51% of the company’s shares, while institutions hold 63.67% stake in the company.
