In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Ardelyx Inc (NASDAQ: ARDX) closed at $5.32 down -1.85% from its previous closing price of $5.42. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 3.42 million shares were traded. ARDX stock price reached its highest trading level at $5.43 during the session, while it also had its lowest trading level at $5.18.
Ratios:
For a deeper understanding of Ardelyx Inc’s stock, let’s take a closer look at its various ratios. 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.
On March 04, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $14.
H.C. Wainwright Downgraded its Buy to Neutral on November 11, 2024, whereas the target price for the stock was revised from $11 to $5.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 ’25 when Rosenbaum David P. bought 44,330 shares for $5.47 per share.
RAAB MICHAEL sold 41,668 shares of ARDX for $223,199 on Mar 07 ’25. The President & CEO now owns 1,635,138 shares after completing the transaction at $5.36 per share. On Feb 24 ’25, another insider, MOTT DAVID M, who serves as the Director of the company, bought 77,729 shares for $5.00 each. As a result, the insider paid 388,738 and bolstered with 2,015,494 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARDX now has a Market Capitalization of 1268054016 and an Enterprise Value of 1196920064. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.80 while its Price-to-Book (P/B) ratio in mrq is 7.31. Its current Enterprise Value per Revenue stands at 3.588 whereas that against EBITDA is -46.236.
Stock Price History:
The Beta on a monthly basis for ARDX is 0.77, which has changed by -0.3179487 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, ARDX has reached a high of $9.33, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is -1.70%, while the 200-Day Moving Average is calculated to be -6.98%.
Shares Statistics:
For the past three months, ARDX has traded an average of 4.18M shares per day and 2845570 over the past ten days. A total of 238.02M shares are outstanding, with a floating share count of 230.57M. Insiders hold about 3.27% of the company’s shares, while institutions hold 63.65% stake in the company. Shares short for ARDX as of 1740700800 were 29821609 with a Short Ratio of 7.13, compared to 1738281600 on 26625362. Therefore, it implies a Short% of Shares Outstanding of 29821609 and a Short% of Float of 14.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
