Aldeyra Therapeutics Inc. (NASDAQ:ALDX) saw a downside of -6.10% to $7.54 after subtracting -$0.49 on Monday. The 5-day average trading volume is 484,497 shares of the company’s common stock. It has gained $8.38 in the past week and touched a new high 3 times within the past 5 days. An average of 551,114 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,350,266.
ALDX’s 1-month performance is -2.21% or -$0.28 on its low of $7.30 reached on 08/07/23. The company’s shares have touched a 52-week low of $4.95 and high of $11.97, with the stock’s rally to the 52-week high happening on 06/15/23. YTD, ALDX has achieved 8.33% or $0.47 and has reached a new high 27 times. However, the current price is down -37.01% from the 52-week high price.
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Valuation Metrics
ALDX stock has a beta of 1.05. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 3.23.
The firm’s gross profit as reported stood at $1.69 million against revenue of $62.68 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -97.78% to -$8.99 million, while revenue of -$15.62 million was -73.75% off the previous quarter. Analysts expected ALDX to announce -$0.31 per share in earnings in its latest quarter, but it posted -$0.15, representing a 51.60% surprise. EBITDA for the quarter stood at more than -$10.28 million. ALDX stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 25.73 million, with total debt at $16.15 million. Shareholders hold equity totaling $58.6 million.
Let’s look briefly at Aldeyra Therapeutics Inc. (ALDX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 August was 33.68% to suggest the stock is trending Neutral, with historical volatility in this time period at 52.91%.
The stock’s 5-day moving average is $7.87, reflecting a -8.44% or -$0.68 change from its current price. ALDX is currently trading -6.66% above its 20-day SMA, -5.47% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -22.68% and SMA200 by+36.33%.
Stochastic %K and %D was 39.32% and 49.01% and the average true range (ATR) pointed at 0.40. The RSI (14) points at 37.38%, while the 14-day stochastic is at 12.04% with the period’s ATR at 0.43. The stock’s 9-day MACD Oscillator is pointing at -0.10 and -0.13 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for ALDX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate ALDX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
