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The price of Edgewise Therapeutics Inc (NASDAQ: EWTX) closed at $11.42 in the last session, down -1.30% from day before closing price of $11.57. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1.27 million shares were traded. EWTX stock price reached its highest trading level at $11.845 during the session, while it also had its lowest trading level at $11.28.
Ratios:
We take a closer look at EWTX’s different ratios to gain a better understanding of the stock. 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.
On March 07, 2025, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $50.
On January 22, 2025, Stifel started tracking the stock assigning a Hold rating and target price of $30.Stifel initiated its Hold rating on January 22, 2025, with a $30 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
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 1200710272 and an Enterprise Value of 621811328.
Stock Price History:
The Beta on a monthly basis for EWTX is 0.62, which has changed by -0.30703884 over the last 52 weeks, in comparison to a change of 0.059571505 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 $10.60. The 50-Day Moving Average of the stock is -51.67%, while the 200-Day Moving Average is calculated to be -54.84%.
Shares Statistics:
According to the various share statistics, EWTX traded on average about 1.75M shares per day over the past 3-months and 4526150 shares per day over the past 10 days. 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 71.34% stake in the company. Shares short for EWTX as of 1743379200 were 10387232 with a Short Ratio of 5.95, compared to 1740700800 on 8732881. Therefore, it implies a Short% of Shares Outstanding of 10387232 and a Short% of Float of 15.909999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
