With 1.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.03 million shares. The 52-week range on AVDX shows that it touched its highest point at $13.56 and its lowest point at $6.88 during that stretch. It currently has a 1-year price target of $14.36. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AVDX was up-trending over the past week, with a rise of 5.59%, but this was up by 6.45% over a month. Three-month performance surged to 16.65% while six-month performance rose 30.69%. The stock gained 68.78% in the past year, while it has gained 5.17% so far this year. A look at the trailing 12-month EPS for AVDX yields -0.23 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.03. This implies an EPS growth rate of 188.51% for this year and 86.41% for next year.
Float and Shares Shorts:
At present, 204.08 million AVDX shares are outstanding with a float of 156.73 million shares on hand for trading. On Feb 29, 2024, short shares totaled 9.21 million, which was 4.51% higher than short shares on Jan 31, 2024. In addition to AVDL as the firm’s Avadel Pharmaceuticals plc, ARDX serves as its Ardelyx, Inc.
Institutional Ownership:
Through their ownership of 77.52% of AVDX’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVDX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, AVDX has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and AVDX currently yields $0.00. In the past year, AVDX’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, AVDX has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.
