Ardelyx, Inc. (NASDAQ:ARDX) went down by -2.15% from its latest closing price when compared to the 1-year high value of $8.81 and move down -28.8%, while ARDX stocks collected -17.49% of loss with the last five trading sessions. Press Release reported 16 hours ago that Ardelyx to Present at the Cowen and Company 40th Annual Health Care Conference
Ardelyx, Inc. (NASDAQ:ARDX) Worth an Investment?
Ardelyx, Inc. (NASDAQ: ARDX) The 36 Months beta value for ARDX stocks is at 2.44, while of the analysts out of 0 who provided ratings for Ardelyx, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. ARDX currently has a short float of 4.09% and public float of 68.51 M with average trading volume of 1.08M shares.
ARDX Market Performance
ARDX stocks went down by -17.49% for the week, with the monthly drop of -6.56% and a quarterly performance of 6.54%, while its annual performance rate touched 166.15%. The simple moving average for the period of the last 20 days is -8.82% for ARDX stocks with the simple moving average of 39.59% for the last 200 days.
Analysts’ Opinion on Ardelyx, Inc. (NASDAQ:ARDX)
Many brokerage firms have already submitted their reports for ARDX stocks, with Jefferies repeating the rating for ARDX shares by setting it to “Buy”. The predicted price for ARDX socks in the upcoming period according to Jefferies is $11 based on the research report published on February 18, 2020.
Citigroup, on the other hand, stated in their research note that they expect to see ARDX stock at the price of $13. The rating they have provided for ARDX stocks is “Buy” according to the report published on February 12, 2020.
Cowen gave “Outperform” rating to ARDX stocks, setting the target price at $13 in the report published on February 10, 2020.
ARDX Stocks -8.43% Far from 50 Day Moving Average
After a stumble in the market that brought ARDX to its low price for the period of the last 52 weeks, Ardelyx, Inc. was unable to take a rebound, for now settling with -22.40% of loss for the given period.
The stock volatility was left at 6.76%, however, within the period of a single month, the volatility rate increased by 9.57%, while the shares sank at the distance of -6.30% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -4.34% lower at the present time.
In the course of the last 5 trading sessions, ARDX went down by -17.49%, which changed the moving average for the period of 200 days to the total of +109.17% of gains for the stock in comparison to the 20-day moving average settled at $7.48. In addition, Ardelyx, Inc. saw -8.86% in overturn over the period of a single year with a tendency to cut further losses.
ARDX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Ardelyx, Inc. (ARDX), starting from RAAB MICHAEL, who sold 25,000 shares at the price of $7.32 back on Feb 05. After this action, Rushing now owns 206,828 shares of Ardelyx, Inc., valued at $182,928 with the latest closing price.
GRAMMER ELIZABETH A, the EVP, General Counsel of Ardelyx, Inc., bought 66 shares at the value of $7.51 during a trade that took place back on Dec 30, which means that GRAMMER ELIZABETH A is holding 2,066 shares at the value of $496 based on the most recent closing price.
ARDX Stock Fundamentals
The current profitability levels are settled at -3488.57 for the present operating margin and -20.60 for gross margin. The net margin for Ardelyx, Inc. stands at -3502.03. Total capital return value is set at -59.77, while invested capital returns managed to touch -60.00. Equity return holds the value -126.60%, with -67.90% for asset returns.
Based on Ardelyx, Inc. (ARDX), the company’s capital structure generated 42.49 points for debt to equity in total, while total debt to capital is set at the value of 29.82. Total debt to assets is settled at the value of 26.84 with long-term debt to equity ratio rests at -25.73 and long-term debt to capital is 42.49.
The value for Enterprise to Sales is 156.82 with debt to enterprise value settled at -2.70. The receivables turnover for Ardelyx, Inc. is 0.33 with the total asset turnover at the value of 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.95.