Ardelyx Inc (NASDAQ:ARDX) shares, rose in value, with the stock price up by 0.14% to the previous day’s close as strong demand from buyers drove the stock to $3.62.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.61, falling within a range of $3.58 and $3.71. The value of beta (5-year monthly) is 0.592. Referring to stock’s 52-week performance, its high was $8.06, and the low was $3.21. On the whole, ARDX has fluctuated by -13.52% over the past month.
With the market capitalization of Ardelyx Inc currently standing at about $864.91 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
The stock’s technical analysis shows that the price of ARDX currently trading nearly -3.93% and -12.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.21, while the 7-day volatility ratio is showing 2.79% which for the 30-day chart, stands at 3.34%. Furthermore, Ardelyx Inc (ARDX)’s beta value is 0.59, and its average true range (ATR) is 0.21.
A comparison of Ardelyx Inc (ARDX) with its peers suggests the former has fared considerably weaker in the market. ARDX showed an intraday change of 0.14% in today’s session so far, and over the past year, it shrunk by -42.53%%.
Data on historical trading for Ardelyx Inc (NASDAQ:ARDX) indicates that the trading volumes over the past 10 days have averaged 5.05 and over the past 3 months, they’ve averaged 5.65 million. According to company’s latest data on outstanding shares, there are 239.20 million shares outstanding.
Nearly 3.49% of Ardelyx Inc’s shares belong to company insiders and institutional investors own 68.86% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 29.05 million shares as on 2025-05-30, resulting in a short ratio of 4.59. According to the data, the short interest in Ardelyx Inc (ARDX) stood at 1376.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 29.82 million. The stock has fallen by -28.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARDX stock heading into the next quarter.
