Aridis Pharmaceuticals, Inc. (ARDS) Stock: Why It’s Headed For The Bottom

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Aridis Pharmaceuticals, Inc. (ARDS) is trending down in the market today. The company, one that is focused on the biotech space, is presently trading at $8.72 after a move down of -5.01% so far in today’s session. As it relates to biotechnology companies, there are quite a few aspects that have the potential to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories associated with ARDS:

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Jan-31-19 10:40AM Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) Has Attractive Fundamentals
Jan-02-19 01:15PM Here are the winners and losers from Bay Area’s IPO class of 2018
Dec-12-18 07:30AM AR-501 (Cystic Fibrosis) Enrolls First Subject in Phase 1/2a Clinical Trial for Treatment of Chronic Lung Infections in Cystic Fibrosis Patients
Dec-05-18 10:35AM This year’s Bay Area IPO batch remains up 44% despite market turbulence
Dec-04-18 12:30PM Aridis Expands Research Agreement with the Cystic Fibrosis Foundation and is Awarded FDA Expedited Program Designations

Nonetheless, when making an investing decision, prospective investors should take a look at much more than news, especially in the generally speculative biotechnology space. Here’s what’s going on with Aridis Pharmaceuticals, Inc..

Recent Movement From ARDS

While a move down on a single session, like the fall that we’re seeing from Aridis Pharmaceuticals, Inc. might make some investors tremble, a single session decline by itself should not be the reason for a decision to, or not to, invest in a stock. It’s always important to dig into trends experienced by the stock beyond a single session. In the case of ARDS, below are the returns that we’ve seen:

  • Past 5 Trading Sessions – Over the past 7 days, ARDS has produced a change in price amounting to 5.40%.
  • Past Month – The performance from Aridis Pharmaceuticals, Inc. in the last month has been 3.18%.
  • Past Three Months – Throughout the last 3 months, the company has produced a return on investment that comes to 17.41%
  • Past 6 Months – Throughout the past six months, we’ve seen a performance that works out to -30.98% from the company.
  • This Year So Far – Since the the first trading session of this year ARDS has produced a return on investment of -17.22%.
  • Full Year – Finally, in the past year, investors have seen performance of 0 out of ARDS. Throughout this period, the stock has traded at a high of -37.04% and a low price of 14.89%.

Crucial Ratios

Digging into a few ratios having to do with a company can provide traders a view of just how dangerous and/or potentially profitable a pick might be. Here are a few of the most important ratios to think about when digging into ARDS.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the value of the stock is headed for declines. In general, biotech stocks tend to come with a higher short ratio. However, we tend to see quite a few short squeezes in the industry. Nonetheless, with regard to Aridis Pharmaceuticals, Inc., it’s short ratio amounts to 1.00.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure If a company is able to pay its debts when they mature based on quick assets or current assets. In the biotech industry, many companies rely heavily on continued investor support, the current and quick ratios can seem damning. Nonetheless, some gems in the biotechnology industry come with great current and quick ratios. As far as ARDS, the quick and current ratios work out to 5.00 and 5.00 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the share price of the stock. In this particular case, that ratio works out to 3.87.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of the company’s stock. Many early stage biotech companies struggle to keep cash on hand. So, if you’re looking into a biotech stock, this is an important ratio to think about. In this case, the cash to share value works out to 4.29.

What Analysts Think About Aridis Pharmaceuticals, Inc.

While it’s rarely a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their analysis in order to validate your own due diligence when it comes to making an investment decision in the biotechnology industry. Below are|Here are} the most recent moves that we’ve seen from analysts with regard to ARDS.

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What Institutions And Insiders Think Of Aridis Pharmaceuticals, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ARDS, here’s what we’re seeing:

Institutions own 0.30% of the company. Institutional interest has moved by -59.47% over the past three months. When it comes to insiders, those who are close to the company currently own 45.06% percent of ARDS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 7.95M shares of Aridis Pharmaceuticals, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ARDS has a float of 4.45M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ARDS, the short percent of the float is 0.10%.

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-4.96. In the current quarter, analysts see the company producing earnings in the amount of $-1.55. Over the last 5 years, ARDS has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -24.20% and revenue has seen movement of 4545.50%.

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