ARDX Stock Forecast 2022, 2023, 2024, 2025, 2030

Ardelyx Inc (ARDX Stock) – a specialty biopharmaceutical business formed with the purpose of discovering, developing, and commercializing novel first-in-class medicines that address large unmet medical needs – had its ARDX Stock Price rise 7.89 percent in the most previous trading session. This is a continuation of trend, as the Ardelyx Inc Shares have risen 33.7 percent in the last five trading days. Shareholders have reacted favorably to the Ardelyx Inc’s announcement that IBSRELA, the Ardelyx Inc’s authorized medication for irritable bowel syndrome with constipation (IBS-C) in grownups, will be available in the second quarter of 2022.

What Does Ardelyx Inc Do?

Ardelyx Inc is a biopharmaceutical business that produces and distributes pharmaceuticals in the United States and globally for the treating of kidney and cardiorenal illnesses. Tenapanor, Ardelyx Inc’s principal product development, has finished a Phase 3 clinical study for the care of patients with irritable bowel syndrome who have constipation, like the Phase 3 clinical research for the treatment of hyperphosphatemia in dialysis patients with final renal disease.

This also works on RDX013, a specific molecular potassium secretagogue project in Phase 2 clinical trials for the treatment of hyperkalemia patients, and RDX020, a specific molecular project for the treatment of metabolic acidosis. Ardelyx Inc was originally known as Nteryx Inc until June 2008, when it rebranded to Ardelyx Inc. Ardelyx Inc was founded in 2007 and is based in Fremont, California.

ARDX Stock Price Today

Currently, the ARDX Stock Price today is 1.38 USD (−0.14 (9.21%). The opening of ARDX Stock Price today was 1.66 USD.

The ARDX Stock Price declined -9.21 percent on the past trading day (Monday, December 6th, 2021), from $1.52 to $1.38, and has now declined three days in a row. The ARDX Stock Price changed 30.60 percent over the day, from a low of $1.34 to a high of $1.75. The ARDX Stock Price has declined in six of the previous ten days, but it is still up 38 percent within last two weeks.

Volume of Ardelyx Inc Shares declined along with the ARDX Stock on the last trading day, which is a good indicator because volume should follow the ARDX Stock. The trading volume of Ardelyx Inc Shares declined by -73 million shares on the past day, with 71 million shares purchased and sold for a net of $98.55 million.

As in near term, the ARDX Stock is in the middle of a very broad and downward trend, and further ARDX Stock Price decline within the trend is predicted. Given the present short-term movement, Ardelyx Inc Shares are anticipated to lose -12.60 percent over the next three months and, with a 90 percent likelihood, conclude the time with a ARDX Stock Price between $0.74 and $1.48.

14-Days Historical Data of ARDX Stock Price

Date	Opening ARDX Stock Price	Closing ARDX Stock Price	Minimum ARDX Stock Price	Maximum ARDX Stock Price
2021-12-06	Open: 1.61	Close: 1.37	Low: 1.37	High: 1.62
2021-12-03	Open: 1.58	Close: 1.52	Low: 1.495	High: 1.91
2021-12-02	Open: 1.145	Close: 1.7	Low: 1.145	High: 1.74
2021-12-01	Open: 1.32	Close: 1.23	Low: 1.23	High: 1.56
2021-11-30	Open: 0.8684	Close: 1.14	Low: 0.824	High: 1.175
2021-11-29	Open: 0.8989	Close: 0.8621	Low: 0.8621	High: 0.8989
2021-11-26	Open: 0.919	Close: 0.8925	Low: 0.882	High: 0.919
2021-11-24	Open: 0.9157	Close: 0.9246	Low: 0.9157	High: 0.9461
2021-11-23	Open: 0.9401	Close: 0.9137	Low: 0.9134	High: 0.9529
2021-11-22	Open: 0.9768	Close: 0.9315	Low: 0.93	High: 0.9776
2021-11-19	Open: 0.985	Close: 1	Low: 0.985	High: 1.015
2021-11-18	Open: 1.04	Close: 0.9879	Low: 0.9879	High: 1.04
2021-11-17	Open: 1.055	Close: 1.02	Low: 1.02	High: 1.055
2021-11-16	Open: 1.1	Close: 1.05	Low: 1.05	High: 1.1

Historical ARDX Stock Price data:

Market Cap of Ardelyx Inc Shares (Previous Close): 154.46 M
ARDX Stock Price in USD (Previous Close): 1.370
Ardelyx Inc Shares’ Volume (Previous Close): 72.49 M
ARDX Stock Price in USD (Last): 1.370
52 Week Change in ARDX Stock Price: -4.870
Ardelyx Inc Shares’ 90-Day Moving Average: 1.207
Ardelyx Inc Shares’ Beta: 0.35991061305344
52 Week High ARDX Stock Price: 9.23
52 Week Low ARDX Stock Price: 0.8163
Ardelyx Inc Shares’ 50 Day Moving Average: 1.14
200 Day Moving Average of Ardelyx Inc Shares: 3.14

Is Ardelyx Inc’s Stock a Buy?

ARDX Stock has buy indications both from short and long-term trend lines, indicating a good ARDX Stock Forecast for the company, Ardelyx Inc. In addition, the relationship between the two indicators indicates a general buy signal when the short-term average is higher than the long-term average. On downward ARDX Stock Price declines, the lines at $1.25 and $1.14 will provide some support. A fall below any of these lines will trigger a sell signal. Additionally, the 3 month Moving Average Convergence Divergence (MACD) indicates a buy signal, based on the ARDX Stock Forecast data.

Some negative indications were also sent out, which may have an impact on the near-term development. On Thursday, December 02, 2021, a sell signal was sent from a pivot top point, and it has since plunged -18.82 percent. Another ARDX Stock Price decline is predicted until a new bottom pivot is discovered, as per the ARDX Stock Forecast experts. Ardelyx Inc Shares’ volume declined along with the ARDX Stock Price on the past trading day, lowering the total risk because Ardelyx Inc Shares’ volume should follow price swings.

According to many ARDX Stock Forecast data, several short-term signs are encouraging, and despite the ARDX Stock being in a declining trend, we believe that the current level of ARDX Stock Price may represent a buying opportunity since the ARDX Stock has a good probability of doing well in the short run.

Current score: 1.57