Ardelyx Inc (NASDAQ: ARDX) stock closed at $5.88 on 1/13/25 after a major increase of 16.0%. Moreover, trading volume in this advance was exceptionally high at 202% of normal. Relative to the market the stock has been weak over the last nine months but has risen 14.8% during the last week.
Current PriceTarget Research Rating
Ardelyx has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ardelyx has a poor Power Rating of 27 and a very low Appreciation Score of 6, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive 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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