Market Highlights: Aldeyra Therapeutics Inc (ALDX) Ends on a High Note at 5.65

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The price of Aldeyra Therapeutics Inc (NASDAQ: ALDX) closed at $5.65 in the last session, up 1.25% from day before closing price of $5.58. In other words, the price has increased by $1.25 from its previous closing price. On the day, 0.53 million shares were traded. ALDX stock price reached its highest trading level at $5.755 during the session, while it also had its lowest trading level at $5.585.

Ratios:

We take a closer look at ALDX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.41 and its Current Ratio is at 4.41. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when Machatha Stephen sold 16,041 shares for $4.74 per share. The transaction valued at 75,975 led to the insider holds 236,771 shares of the business.

Greenberg Bruce sold 10,834 shares of ALDX for $51,313 on Aug 12 ’24. The insider now owns 126,382 shares after completing the transaction at $4.74 per share. On Aug 12 ’24, another insider, Greenberg Bruce, who serves as the Officer of the company, bought 10,834 shares for $5.10 each.

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 335732032 and an Enterprise Value of 271036352.

Stock Price History:

Over the past 52 weeks, ALDX has reached a high of $6.74, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is 14.47%, while the 200-Day Moving Average is calculated to be 44.90%.

Shares Statistics:

According to the various share statistics, ALDX traded on average about 504.29K shares per day over the past 3-months and 442730 shares per day over the past 10 days. A total of 59.20M shares are outstanding, with a floating share count of 57.40M. Insiders hold about 3.41% of the company’s shares, while institutions hold 59.26% stake in the company. Shares short for ALDX as of 1724976000 were 3105241 with a Short Ratio of 6.16, compared to 1722384000 on 2563197. Therefore, it implies a Short% of Shares Outstanding of 3105241 and a Short% of Float of 6.29.

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