Aradigm Co. (NASDAQ:ARDM) insider Juergen Kurt Froehlich sold 17,011 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $1.53, for a total value of $26,026.83. Following the transaction, the insider now owns 90,853 shares in the company, valued at approximately $139,005.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Aradigm Co. (NASDAQ ARDM) traded down $0.12 on Wednesday, reaching $1.38. The company’s stock had a trading volume of 316,741 shares, compared to its average volume of 887,361. The company has a debt-to-equity ratio of -1.59, a quick ratio of 1.65 and a current ratio of 1.65. Aradigm Co. has a 12-month low of $0.78 and a 12-month high of $7.35. The company has a market capitalization of $22.72, a PE ratio of -1.41 and a beta of 1.56.
Aradigm (NASDAQ:ARDM) last issued its earnings results on Thursday, November 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.31) by $0.05. The company had revenue of $2.73 million for the quarter. equities analysts expect that Aradigm Co. will post -0.8 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on ARDM shares. Zacks Investment Research cut Aradigm from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. ValuEngine upgraded Aradigm from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, Ladenburg Thalmann Financial Services cut Aradigm from a “buy” rating to a “neutral” rating in a report on Friday, January 12th.
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Aradigm Company Profile
Aradigm Corporation is a pharmaceutical company focused on the development and commercialization of products for the treatment and prevention of severe respiratory diseases. The Company’s lead product candidate is Pulmaquin inhaled ciprofloxacin, which is in Phase III clinical trials. It offers AERx pulmonary drug delivery platform and other technologies.
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