Ardelyx Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $10.13 on 02/12/24, and the lowest price during that time was $4.32, recorded on 12/18/24.
52-week price history of ARDX Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Ardelyx Inc’s current trading price is -53.41% away from its 52-week high, while its distance from the 52-week low is 9.26%. The stock’s price range for this period has remained between $4.32 and $10.13. The Healthcare sector company’s shares managed to surpass a trading volume of around 2.04 million for the day, which was noticeably lower compared to the shares’ average daily volume of 4.28 million over the last three months.
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Financial Performance and Market Capitalization
Ardelyx Inc (ARDX) has experienced a quarterly decline of -22.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.12B and boasts a workforce of 267 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.74, with a change in price of -1.28. Similarly, Ardelyx Inc recorded 3,775,665 in trading volume during the last 100 days, posting a change of -21.07%.
ARDX Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ARDX stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.64.
ARDX Stock Stochastic Average
As of today, the raw stochastic average of Ardelyx Inc over the last 50 days is at 20.59%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 29.35%. Further, the company’s Stochastic %K and %D values for the last 20 days were 26.13% and 25.13%, respectively.
ARDX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -23.87% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.75%. Over the past 30 days, the price of ARDX has leaped by -11.11%. And in the last five days, it has surged by 1.29%.
