With 3.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.23 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $5.52 whereas the lowest price it dropped to was $5.32. The 52-week range on ARDX shows that it touched its highest point at $9.33 and its lowest point at $4.32 during that stretch. It currently has a 1-year price target of $10.95. Beta for the stock currently stands at 0.76.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARDX was up-trending over the past week, with a rise of 3.44%, but this was down by -4.24% over a month. Three-month performance surged to 1.88% while six-month performance fell -12.86%. The stock lost -37.27% in the past year, while it has gained 6.90% so far this year. A look at the trailing 12-month EPS for ARDX yields -0.17 with Next year EPS estimates of 0.25. For the next quarter, that number is -0.11. This implies an EPS growth rate of -37.08% for this year and 207.01% for next year.
Float and Shares Shorts:
At present, 238.02 million ARDX shares are outstanding with a float of 230.57 million shares on hand for trading. On 2025-02-28, short shares totaled 29.82 million, which was 1250.9999999999998 higher than short shares on 1738281600. In addition to Mr. Michael G. Raab as the firm’s President, CEO & Director, Ms. Elizabeth A. Grammer Esq. serves as its Chief Legal & Administrative Officer and Secretary.
Institutional Ownership:
Through their ownership of 0.64396006 of ARDX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, ARDX reported revenue of $116129000.0 and operating income of $8125000.0. The EBITDA in the recently reported quarter was $11048000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARDX since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARDX analysts setting a high price target of 15.0 and a low target of 5.5, the average target price over the next 12 months is 10.75. Based on these targets, ARDX could surge 176.75% to reach the target high and rise by 1.48% to reach the target low. Reaching the average price target will result in a growth of 98.34% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.12153 being high and -$0.23294 being low. For ARDX, this leads to a yearly average estimate of -$0.17217. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.06.
