For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Aldeyra Therapeutics Inc (NASDAQ: ALDX) was $6.34 for the day, down -3.79% from the previous closing price of $6.59. In other words, the price has decreased by -$3.79 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our analysis of ALDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.64 and its Current Ratio is at 6.64. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 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.
Stock Price History:
Over the past 52 weeks, ALDX has reached a high of $6.92, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is 16.29%, while the 200-Day Moving Average is calculated to be 30.13%.
Shares Statistics:
A total of 59.55M shares are outstanding, with a floating share count of 57.82M. Insiders hold about 2.90% of the company’s shares, while institutions hold 62.83% stake in the company.
