Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) has a beta value of 2.13 and has seen 3,230,966 shares traded in the last trading session. The company, currently valued at $128.1 Million, closed the last trade at $4.3 per share which meant it gained $0.1 on the day or 2.63% during that session. The ALDX stock price is -87.21% off its 52-week high price of $8.05 and 65.58% above the 52-week low of $1.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.26 Million shares traded. The 3-month trading volume is 883.41 Million shares.
The consensus among analysts is that Aldeyra Therapeutics, Inc. (ALDX) is a Buy stock at the moment, with a recommendation rating of 1.4. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 6 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.34.
Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) trade information
Sporting 2.63% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the ALDX stock price touched $4.63-7 or saw a rise of 7.13%. Year-to-date, Aldeyra Therapeutics, Inc. shares have moved -25.99%, while the 5-day performance has seen it change -4.87%. Over the past 30 days, the shares of Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) have changed 4.62%. Short interest in the company has seen 886.56 Million shares shorted with days to cover at 1.
Wall Street analysts have a consensus price target for the stock at $26.83, which means that the shares’ value could jump 523.95% from current levels. The projected low price target is $15 while the price target rests at a high of $34. In that case, then, we find that the current price level is +690.7% off the targeted high while a plunge would see the stock lose 248.84% from current levels.
Aldeyra Therapeutics, Inc. (ALDX) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +2.2% over the past 5 years. Earnings growth for 2020 is a modest -25.1% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Aldeyra Therapeutics, Inc. (NASDAQ:ALDX)’s Major holders
Insiders own 4.01% of the company shares, while shares held by institutions stand at 65.87% with a share float percentage of 68.63%. Investors are also buoyed by the number of investors in a company, with Aldeyra Therapeutics, Inc. having a total of 109 institutions that hold shares in the company. The top two institutional holders are Perceptive Advisors Llc with over 3.09 Million shares worth more than $7.62 Million. As of March 30, 2020, Perceptive Advisors Llc held 10.36% of shares outstanding.
The other major institutional holder is Prosight Management, LP, with the holding of over 2.04 Million shares as of March 30, 2020. The firm’s total holdings are worth over $5.03 Million and represent 6.83% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Select Portfolios – Biotechnology and Vanguard Total Stock Market Index Fund. As of February 28, 2020, the former fund manager holds about 4.05% shares in the company for having 1206333 shares of worth $4.58 Million while later fund manager owns 667.22 Thousand shares of worth $1.65 Million as of March 30, 2020, which makes it owner of about 2.24% of company’s outstanding stock.