Ardelyx Inc (NASDAQ: ARDX) stock suffered a major decline of -13.5% on 12/17/24. The shares closed at $4.66. Moreover, unusually high trading volume at 173% of normal accompanied the decline. The stock has declined -11.6% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Ardelyx has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ardelyx has a poor Power Rating of 27 and a very low Appreciation Score of 6, and the Lowest Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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