In Wednesday’s Wall Street session, Ardelyx Inc (NASDAQ:ARDX) shares traded at $4.6, up 2.68% from the previous session.
ARDX stock price is now 16.48% away from the 50-day moving average and -8.66% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
On May 02, 2025, Raymond James Downgraded its previous ‘Strong Buy’ rating to ‘Outperform’ on the stock keeping its target price maintained at $11, while ‘Ladenburg Thalmann’ rates the stock as ‘Buy’
In other news, MOTT DAVID M, Director bought 200,000 shares of the company’s stock on Jun 16 ’25. The stock was bought for $725,880 at an average price of $3.63. Upon completion of the transaction, the Director now directly owns 2,896,871 shares in the company, valued at $13.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09 ’25, Director MOTT DAVID M bought 200,000 shares of the business’s stock. A total of $737,260 was incurred on buying the stock at an average price of $3.69. This leaves the insider owning 2,696,871 shares of the company worth $12.41 million. A total of 3.72% of the company’s stock is owned by insiders.
During the past 12 months, Ardelyx Inc has had a low of $3.21 and a high of $7.18. As of last week, the company has a debt-to-equity ratio of 1.06, a current ratio of 4.12, and a quick ratio of 3.81. The fifty day moving average price for ARDX is $3.9493 and a two-hundred day moving average price translates $5.036125 for the stock.
The latest earnings results from Ardelyx Inc (NASDAQ: ARDX) was released for 2025-03-31. The net profit margin was -14.86% and return on equity was -36.26% for ARDX. The company reported revenue of $74.11 million for the quarter, compared to $46.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 61.04 percent.
