Aldeyra Therapeutics Inc (NASDAQ: ALDX): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

ALDX belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Aldeyra Therapeutics Inc is $294.18M. A total of 0.52 million shares were traded on the day, compared to an average of 462.64K shares.

In the most recent transaction, Machatha Stephen sold 16,041 shares of ALDX for 4.74 per share on Aug 12 ’24. After the transaction, the Chief Development Officer now owns 236,771 company shares. In a previous transaction on Aug 12 ’24, Greenberg Bruce sold 10,834 shares at 4.74 per share. ALDX shares that the insider owns now total 126,382.

Among the insiders who bought shares, Greenberg Bruce acquired of 10,834 shares on Aug 12 ’24 at a per-share price of $5.10. In another insider transaction, Machatha Stephen bought 16,041 shares at $5.10 per share on Aug 12 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALDX has a high of $6.55 and a low of $2.71.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALDX’s latest balance sheet shows that the firm has $229.79M in Cash & Short Term Investments as of fiscal 2021. There were $15.86M in debt and $11.77M in liabilities at the time. Its Book Value Per Share was $1.43, while its Total Shareholder’s Equity was $205.74M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALDX is Buy with a score of 5.00.

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