For the readers interested in the stock health of Ardelyx Inc. (ARDX). It is currently valued at $6.35. When the transactions were called off in the previous session, Stock hit the highs of $6.60, after setting-off with the price of $6.45. Company’s stock value dipped to $6.32 during the trading on the day. When the trading was stopped its value was $6.47.
Recently in News on November 23, 2020, Ardelyx to Present at the Piper Sandler 32nd Annual Virtual Healthcare Conference. Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company focused on developing innovative first-in-class medicines to improve treatment for people with kidney and cardiovascular diseases, today announced that a webcast of Mike Raab, president and chief executive officer of Ardelyx, and Susan Rodriguez, chief commercial officer, participating in a fireside chat at the Piper Sandler 32nd Annual Virtual Healthcare Conference will be available today at 10 a.m. ET. You can read further details here
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Ardelyx Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.61 on 01/04/21, with the lowest value was $6.32 for the same time period, recorded on 01/05/21.
Ardelyx Inc. (ARDX) full year performance was -15.45%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ardelyx Inc. shares are logging -27.96% during the 52-week period from high price, and 50.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.22 and $8.81.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 485926 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Ardelyx Inc. (ARDX) recorded performance in the market was -1.85%, having the revenues showcasing 13.49% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 596.14M, as it employees total of 88 workers.
Analysts verdict on Ardelyx Inc. (ARDX)
During the last month, 0 analysts gave the Ardelyx Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.88, with a change in the price was noted +0.62. In a similar fashion, Ardelyx Inc. posted a movement of +10.82% for the period of last 100 days, recording 550,660 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ARDX is recording 0.39 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.39.
Ardelyx Inc. (ARDX): Technical Analysis
Raw Stochastic average of Ardelyx Inc. in the period of last 50 days is set at 58.16%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 36.71%. In the last 20 days, the company’s Stochastic %K was 41.77% and its Stochastic %D was recorded 45.29%.
Let’s take a glance in the erstwhile performances of Ardelyx Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -1.85%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.42%, alongside a downfall of -15.45% for the period of the last 12 months. The shares increased approximately by -6.82% in the 7-day charts and went down by 5.13% in the period of the last 30 days. Common stock shares were driven by 13.49% during last recorded quarter.