Market Watch: Ardelyx Inc (ARDX)’s Noteworthy Drop, Closing at 3.70

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.

As of close of business last night, Ardelyx Inc’s stock clocked out at $3.70, down -1.07% from its previous closing price of $3.74. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 5.65 million shares were traded.

Ratios:

To gain a deeper understanding of ARDX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 4.12. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.06.

On March 04, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $14.BTIG Research initiated its Buy rating on March 04, 2025, with a $14 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 09 ’25 when MOTT DAVID M bought 200,000 shares for $3.69 per share. The transaction valued at 737,260 led to the insider holds 2,696,871 shares of the business.

Williams Laura A sold 6,421 shares of ARDX for $26,207 on May 20 ’25. The Chief Medical Officer now owns 402,583 shares after completing the transaction at $4.08 per share. On May 20 ’25, another insider, Renz Justin A, who serves as the Chief Financial Officer of the company, sold 7,218 shares for $4.08 each. As a result, the insider received 29,460 and left with 416,089 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 6.08.

Stock Price History:

Over the past 52 weeks, ARDX has reached a high of $8.06, while it has fallen to a 52-week low of $3.21. The 50-Day Moving Average of the stock is -12.66%, while the 200-Day Moving Average is calculated to be -29.23%.

Shares Statistics:

A total of 239.20M shares are outstanding, with a floating share count of 231.09M. Insiders hold about 3.41% of the company’s shares, while institutions hold 68.86% stake in the company.

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