In the last trading session, 4.58 million shares of the Ardelyx Inc (NASDAQ:ARDX) were traded, and its beta was 0.86. Most recently the company’s share price was $6.51, and it changed around $0.03 or 0.46% from the last close, which brings the market valuation of the company to $1.51B. ARDX currently trades at a discount to its 52-week high of $10.13, offering almost -55.61% off that amount. The share price’s 52-week low was $3.16, which indicates that the current value has risen by an impressive 51.46% since then. We note from Ardelyx Inc’s average daily trading volume that its 3-month average coming to 5.54 million.

Ardelyx Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 0 recommended ARDX as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Ardelyx Inc is expected to report earnings per share of $Ardelyx, Inc. for the current quarter.

Ardelyx Inc (NASDAQ:ARDX) trade information

Instantly ARDX has showed a green trend with a performance of 0.46% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 5.00% year-to-date, but still down -4.26% over the last five days. On the other hand, Ardelyx Inc (NASDAQ:ARDX) is -16.86% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 7.0% from its current value. Analyst projections state that ARDX is forecast to be at a low of $2 and a high of $12.

Ardelyx Inc (ARDX) estimates and forecasts

Ardelyx Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 79.09 percent over the past six months and at a -46.67% annual growth rate that is well below the industry average of 10.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.61%. Ardelyx Inc earnings are expected to increase by -48.52% in 2024, but the outlook is positive 30.00% per year for the next five years.

ARDX Dividends

Ardelyx Inc’s next quarterly earnings report is expected to be released around May 01 and May 06.