In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Edgewise Therapeutics Inc (NASDAQ: EWTX) closed the day trading at $26.34 down -0.11% from the previous closing price of $26.37. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 0.74 million shares were traded. EWTX stock price reached its highest trading level at $27.13 during the session, while it also had its lowest trading level at $26.07.
Ratios:
For a better understanding of EWTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 26.35 and its Current Ratio is at 26.35. 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, Stifel on January 22, 2025, initiated with a Hold rating and assigned the stock a target price of $30.
On November 22, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $45.
On March 07, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $48.Piper Sandler initiated its Overweight rating on March 07, 2024, with a $48 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 05 ’25 when Russell Alan J sold 8,015 shares for $30.02 per share. The transaction valued at 240,623 led to the insider holds 14,863 shares of the business.
Russell Alan J sold 1,200 shares of EWTX for $36,153 on Feb 06 ’25. The Chief Scientific Officer now owns 14,863 shares after completing the transaction at $30.13 per share. On Feb 05 ’25, another insider, KOCH KEVIN, who serves as the President and CEO of the company, sold 8,636 shares for $30.03 each. As a result, the insider received 259,298 and left with 14,478 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EWTX now has a Market Capitalization of 2494095104 and an Enterprise Value of 2005999488.
Stock Price History:
The Beta on a monthly basis for EWTX is 0.22, which has changed by 0.39450026 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, EWTX has reached a high of $38.12, while it has fallen to a 52-week low of $14.90. The 50-Day Moving Average of the stock is -8.40%, while the 200-Day Moving Average is calculated to be 8.86%.
Shares Statistics:
Over the past 3-months, EWTX traded about 848.74K shares per day on average, while over the past 10 days, EWTX traded about 859760 shares per day. A total of 94.41M shares are outstanding, with a floating share count of 62.40M. Insiders hold about 34.10% of the company’s shares, while institutions hold 76.51% stake in the company. Shares short for EWTX as of 1736899200 were 6736305 with a Short Ratio of 7.94, compared to 1734048000 on 5642454. Therefore, it implies a Short% of Shares Outstanding of 6736305 and a Short% of Float of 10.3999995.
