For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Ardelyx Inc’s stock clocked out at $3.67, down -8.93% from its previous closing price of $4.03. In other words, the price has decreased by -$8.93 from its previous closing price. On the day, 5.87 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 May 20 ’25 when Williams Laura A sold 6,421 shares for $4.08 per share. The transaction valued at 26,207 led to the insider holds 402,583 shares of the business.
Renz Justin A sold 7,218 shares of ARDX for $29,460 on May 20 ’25. The Chief Financial Officer now owns 416,089 shares after completing the transaction at $4.08 per share. On May 20 ’25, another insider, RAAB MICHAEL, who serves as the President & CEO of the company, sold 46,817 shares for $4.08 each. As a result, the insider received 191,079 and left with 1,547,937 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 6.03.
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 -17.68%, while the 200-Day Moving Average is calculated to be -30.98%.
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 68.82% stake in the company.