Shares of Ardelyx Inc. (NASDAQ:ARDX) traded at a new 52-week low today of $1.67. Approximately 9.5 million shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
Ardelyx Inc. share prices have moved between a 52-week high of $9.23 and the current low of $1.67 and are currently at $1.70 per share.
Ardelyx Inc. (NASDAQ:ARDX) is currently priced 1.2% above its average consensus analyst price target of $1.68.
Ardelyx Inc is a biotechnology company focused on the discovery, development, and commercialization of molecule and polymeric therapeutics to treat the gastrointestinal tract and cardiorenal diseases. The company has a proprietary drug discovery and design platform. Its lead product candidate is tenapanor, which aims to reduce the absorption of dietary sodium and phosphorus for the treatment of kidney disease, irritable bowel syndrome with constipation, and hyperphosphatemia in patients with dialysis.
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