Unusual Volume Spotted in Ardelyx, Inc. (NASDAQ:ARDX) Stock

Ardelyx, Inc. (NASDAQ:ARDX) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $7.40.  The day’s total volume of 2116855 this morning is in contrast from the three-month daily average of 699.45K.  When we divide the current volume by the three-month average volume, we get a relative volume of 5.08.

Ardelyx, Inc. (NASDAQ:ARDX)‘s market cap, the total dollar value of all of their outstanding shares, is 379.39m.  Including today’s unusual volume, Ardelyx, Inc.‘s stock is performing at -45.07% on the year.  For the week, the stock is performing 32.20%.  Over the past month the firm’s stock is 43.12%, 35.65% for the last quarter, -35.00% for the past six-months and -43.23% for the last year.

Current levels places Ardelyx, Inc. (NASDAQ:ARDX)’s stock about -14.45% from the 50-day high and 73.10% away from the 50-day low. 

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