Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Aldeyra Therapeutics Inc (NASDAQ: ALDX) closed at $6.58 in the last session, down -2.08% from day before closing price of $6.72. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 0.68 million shares were traded. ALDX stock price reached its highest trading level at $6.7799 during the session, while it also had its lowest trading level at $6.52.
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 5.48 and its Current Ratio is at 5.48. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.
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 392883232 and an Enterprise Value of 307034688.
Stock Price History:
The Beta on a monthly basis for ALDX is 0.85, which has changed by 1.2847223 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, ALDX has reached a high of $7.20, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is 11.40%, while the 200-Day Moving Average is calculated to be 29.61%.
Shares Statistics:
According to the various share statistics, ALDX traded on average about 479.88K shares per day over the past 3-months and 669560 shares per day over the past 10 days. A total of 59.65M shares are outstanding, with a floating share count of 57.98M. Insiders hold about 2.90% of the company’s shares, while institutions hold 62.59% stake in the company. Shares short for ALDX as of 1740700800 were 3614145 with a Short Ratio of 7.53, compared to 1738281600 on 3670666. Therefore, it implies a Short% of Shares Outstanding of 3614145 and a Short% of Float of 7.28.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
