Aldeyra Therapeutics Inc (ALDX)

[Rayn_Makr]

Further analysis this week, 30 May 2020:

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
DOUGLAS RICHARD
Director Mar 16 Buy 2.75 40,000 110,000 125,000 Mar 17 04:38 PM

Brady Todd C
President and CEO Dec 16 Buy 5.10 20,000 101,908 652,216 Dec 18 07:35 AM

Brady Todd C
President and CEO Sep 30 Buy 5.68 8,710 49,483 632,216 Oct 02 07:36 AM

Brady Todd C
President and CEO Sep 23 Buy 5.81 8,680 50,433 623,506 Sep 25 07:40 AM

Brady Todd C
President and CEO Sep 18 Buy 5.91 14,288 84,465 614,826 Sep 20 07:37 AM

Bronstein Ben
Director Sep 17 Buy 5.85 1,700 9,945 18,644 Sep 19 04:23 PM

Brady Todd C
President and CEO Sep 16 Buy 6.03 3,000 18,090 591,991 Sep 17 07:35 AM

DOUGLAS RICHARD
Director Sep 13 Buy 6.00 5,000 30,000 85,000 Sep 17 07:36 AM

Brady Todd C
President and CEO Sep 13 Buy 5.79 10,000 57,900 588,991 Sep 17 07:35 AM

DOUGLAS RICHARD
Director Sep 12 Buy 6.03 10,000 60,276 80,000 Sep 13 07:54 AM

JOYCE MARTIN JOSEPH
Director Sep 12 Buy 5.86 1,700 9,964 19,644 Sep 16 04:15 PM

DOUGLAS RICHARD
Director Sep 11 Buy 5.75 10,000 57,529 70,000 Sep 13 07:54 AM

DOUGLAS RICHARD
Director Sep 10 Buy 5.09 10,000 50,857 60,000 Sep 11 04:05 PM

Brady Todd C
President and CEO Sep 10 Buy 5.39 10,000 53,937 578,991 Sep 11 04:05 PM

DOUGLAS RICHARD
Director Sep 09 Buy 4.91 10,000 49,106 50,000 Sep 11 04:05 PM

Brady Todd C
President and CEO Sep 09 Buy 4.89 10,000 48,887 568,991 Sep 11 04:05 PM

Clark David J
Chief Medical Officer Sep 06 Buy 5.06 5,000 25,311 17,878 Sep 10 05:01 PM

Reed Joshua
Chief Financial Officer Sep 05 Buy 4.71 3,200 15,072 35,774 Sep 09 04:38 PM

McMullin David
Chief Commerical Officer Sep 05 Buy 4.68 4,329 20,260 6,148 Sep 09 04:37 PM

Shs Outstand 29.21M
Shs Float 25.52M

Market Cap 145.53M

Stock price $10 Market Cap 10 x 29.21 = 292.1 M
Stock price $20 Market Cap 20 x 29.21 = 584.2 M
Stock price $40 Market Cap 40 x 29.21 = 1,168.4 M

The close of $4.92 now has the support based on the 200 DMA of $4.75 and 40 week MA of $4.79. Volume is worth noting as well as the LACK of SHORT INTEREST at 1.9%

Looking at Market Cap, SRNE has 1 billion MC for example. INO and NVAX are 2-3 B. I think ALDX is significantly undervalued even at $20 based on Market Cap.

Data from:

https://finviz.com/quote.ashx?t=aldx&ty=c&ta=1&p=d

https://stockcharts.com/freecharts/gallery.html?aldx