In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $4.50 in the prior trading day, Ardelyx Inc (NASDAQ: ARDX) closed at $4.25, down -5.56%. In other words, the price has decreased by -$5.56 from its previous closing price. On the day, 6.26 million shares were traded. ARDX stock price reached its highest trading level at $4.39 during the session, while it also had its lowest trading level at $4.06.
Ratios:
Our goal is to gain a better understanding of ARDX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.31 and its Current Ratio is at 4.58. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.88.
On March 04, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $14.
H.C. Wainwright Downgraded its Buy to Neutral on November 11, 2024, whereas the target price for the stock was revised from $11 to $5.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 04 ’25 when RAAB MICHAEL sold 41,666 shares for $4.59 per share. The transaction valued at 191,151 led to the insider holds 1,615,587 shares of the business.
Rosenbaum David P. bought 44,330 shares of ARDX for $242,559 on Mar 17 ’25. On Mar 07 ’25, another insider, RAAB MICHAEL, who serves as the President & CEO of the company, sold 41,668 shares for $5.36 each. As a result, the insider received 223,199 and left with 1,635,138 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARDX now has a Market Capitalization of 1072602240 and an Enterprise Value of 1013385792. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 5.84. Its current Enterprise Value per Revenue stands at 3.038 whereas that against EBITDA is -39.147.
Stock Price History:
The Beta on a monthly basis for ARDX is 0.80, which has changed by -0.398017 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, ARDX has reached a high of $9.33, while it has fallen to a 52-week low of $4.02. The 50-Day Moving Average of the stock is -19.29%, while the 200-Day Moving Average is calculated to be -23.83%.
Shares Statistics:
The stock has traded on average 4.42M shares per day over the past 3-months and 6084330 shares per day over the last 10 days, according to various share statistics. A total of 238.02M shares are outstanding, with a floating share count of 230.57M. Insiders hold about 3.27% of the company’s shares, while institutions hold 63.54% stake in the company. Shares short for ARDX as of 1741910400 were 30360340 with a Short Ratio of 6.93, compared to 1739491200 on 27897008. Therefore, it implies a Short% of Shares Outstanding of 30360340 and a Short% of Float of 14.469999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
