The 7th Trillion Dollar Company?
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
| Open | 5.96 | Prev Close | 5.89 |
| High | 6.05 | Low | 5.76 |
| Volume | 8,180,964 | Volume (Avg) | 3,289,126 |
| 52 Week High | 8.33 | 52 Week Low | 4.96 |
| Market Cap | 663.1M | PE Ratio | 0.00 |
General
| Name | Ardelyx, Inc |
| Ticker | ARDX |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Industry | Biotechnology |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 129 |
About Ardelyx, Inc
Ardelyx, Inc., a biopharmaceutical company, develops and sells medicines for the treatment of kidney and cardiorenal diseases in the United States and internationally. The company's lead product candidate is tenapanor, which has completed Phase 3 clinical trial for the treatment of patients with irritable bowel syndrome with constipation, as well as in Phase 3 clinical trial for the treatment of hyperphosphatemia in end-stage renal disease patients on dialysis. It also develops RDX013, a small molecule potassium secretagogue program that is in Phase 2 clinical trial for the treatment of patients with hyperkalemia; and RDX020, a small molecule program for the treatment of metabolic acidosis. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Fremont, California.
Highlights
| Analyst Target | 13.83 |
| Market Cap | 663,131,648 |
| PEG Ratio | -0.08 |
| EBITDA | -98,746,000 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 83.54 |
| Price/Book (Most Recent Quarter) | 5.52 |
Technicals
| Beta | 1.81 |
| 52 Week High | 8.33 |
| 52 Week Low | 4.96 |
| 50 Day Average | 6.94 |
| 200 Day Average | 6.28 |
Earnings
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