Ardelyx Inc (ARDX) concluded trading on Wednesday at a closing price of $4.50, with 7.93 million shares of worth about $35.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.59% during that period and on April 09, 2025 the price saw a gain of about 3.93%. Currently the company’s common shares owned by public are about 238.02M shares, out of which, 230.57M shares are available for trading.
Stock saw a price change of -7.79% in past 5 days and over the past one month there was a price change of -19.93%. Year-to-date (YTD), ARDX shares are showing a performance of -11.24% which decreased to -38.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.15 but also hit the highest price of $9.33 during that period. The average intraday trading volume for Ardelyx Inc shares is 4.36 million. The stock is currently trading -10.29% below its 20-day simple moving average (SMA20), while that difference is down -14.94% for SMA50 and it goes to -19.49% lower than SMA200.
Ardelyx Inc (NASDAQ: ARDX) currently have 238.02M outstanding shares and institutions hold larger chunk of about 63.53% of that.
The stock has a current market capitalization of $1.07B and its 3Y-monthly beta is at 0.81. It has posted earnings per share of -$0.17 in the same period. It has Quick Ratio of 4.31 while making debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARDX, volatility over the week remained 9.76% while standing at 6.20% over the month.
Analysts are in expectations that Ardelyx Inc (ARDX) stock would likely to be making an EPS of -0.08 in the current quarter, while forecast for next quarter EPS is -0.06 and it is 0.27 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.14 which is -0.04 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -35.53% while it is estimated to increase by 210.83% in next year.
Coverage by BTIG Research stated Ardelyx Inc (ARDX) stock as a Buy in their note to investors on March 04, 2025, suggesting a price target of $14 for the stock. On November 11, 2024, H.C. Wainwright Downgrade their recommendations, while on July 02, 2024, Piper Sandler Downgrade their ratings for the stock with a price target of $7. Stock get an Outperform rating from Leerink Partners on April 05, 2024.
