Stock Market Recap: Edgewise Therapeutics Inc (EWTX) Concludes at 13.06, a -8.86 Surge/Decline

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $14.33 in the prior trading day, Edgewise Therapeutics Inc (NASDAQ: EWTX) closed at $13.06, down -8.86%. In other words, the price has decreased by -$8.86 from its previous closing price. On the day, 3.42 million shares were traded. EWTX stock price reached its highest trading level at $13.4999 during the session, while it also had its lowest trading level at $12.5.

Ratios:

Our goal is to gain a better understanding of EWTX by taking a closer 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.

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 1507515904 and an Enterprise Value of 942085888.

Stock Price History:

The Beta on a monthly basis for EWTX is 0.29, which has changed by -0.27484733 over the last 52 weeks, in comparison to a change of 0.12463009 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 -11.26%, while the 200-Day Moving Average is calculated to be -45.99%.

Shares Statistics:

The stock has traded on average 1.59M shares per day over the past 3-months and 928360 shares per day over the last 10 days, according to various share statistics. A total of 95.21M shares are outstanding, with a floating share count of 77.10M. Insiders hold about 26.71% of the company’s shares, while institutions hold 74.67% stake in the company. Shares short for EWTX as of 1749772800 were 12531401 with a Short Ratio of 7.89, compared to 1747267200 on 12677158. Therefore, it implies a Short% of Shares Outstanding of 12531401 and a Short% of Float of 13.98.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.