Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Edgewise Therapeutics Inc (NASDAQ: EWTX) closed at $14.38 down -13.06% from its previous closing price of $16.54. In other words, the price has decreased by -$13.06 from its previous closing price. On the day, 1.4 million shares were traded.
Ratios:
For a deeper understanding of Edgewise Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 19.93 and its Current Ratio is at 19.93. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on April 30, 2025, initiated with a Buy rating and assigned the stock a target price of $41.
On April 02, 2025, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $14.
On March 07, 2025, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $50.Scotiabank initiated its Sector Outperform rating on March 07, 2025, with a $50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 03 ’25 when Thompson Peter A. bought 496,771 shares for $20.13 per share. The transaction valued at 10,000,000 led to the insider holds 14,809,075 shares of the business.
ORBIMED ADVISORS LLC bought 496,771 shares of EWTX for $10,000,000 on Apr 03 ’25. The Director now owns 14,809,075 shares after completing the transaction at $20.13 per share. On Mar 07 ’25, another insider, Russell Alan J, who serves as the Chief Scientific Officer of the company, sold 200 shares for $30.02 each. As a result, the insider received 6,004 and left with 14,863 shares of the company.
Stock Price History:
Over the past 52 weeks, EWTX has reached a high of $38.12, while it has fallen to a 52-week low of $10.60. The 50-Day Moving Average of the stock is -26.98%, while the 200-Day Moving Average is calculated to be -42.10%.
Shares Statistics:
A total of 94.84M shares are outstanding, with a floating share count of 73.99M. Insiders hold about 29.63% of the company’s shares, while institutions hold 71.36% stake in the company.
