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Edgewise Therapeutics Inc (NASDAQ: EWTX) closed the day trading at $14.82 up 1.65% from the previous closing price of $14.58. In other words, the price has increased by $1.65 from its previous closing price. On the day, 1.4 million shares were traded.
Ratios:
For a better understanding of EWTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.99 and its Current Ratio is at 20.99. 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:
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 May 02 ’25 when Russell Alan J sold 1,551 shares for $16.45 per share. The transaction valued at 25,520 led to the insider holds 18,521 shares of the business.
MOORE JOHN R sold 1,930 shares of EWTX for $31,757 on May 02 ’25. The General Counsel now owns 6,531 shares after completing the transaction at $16.45 per share. On May 02 ’25, another insider, KOCH KEVIN, who serves as the President and CEO of the company, sold 4,276 shares for $16.45 each. As a result, the insider received 70,358 and left with 20,619 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 -21.17%, while the 200-Day Moving Average is calculated to be -40.00%.
Shares Statistics:
A total of 95.21M shares are outstanding, with a floating share count of 74.00M. Insiders hold about 29.65% of the company’s shares, while institutions hold 71.62% stake in the company.
