Edgewise Therapeutics Inc (NASDAQ: EWTX) started the day on Thursday, with a price decrease of -4.26% at $20.00, before settling in for the price of $20.89 at the close. Taking a more long-term approach, EWTX posted a 52-week range of $5.12-$21.60.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 0.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -68.02%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.25%. This publicly-traded company’s shares outstanding now amounts to $70.45 million, simultaneously with a float of $62.94 million. The organization now has a market capitalization sitting at $1.87 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.18, while the 200-day Moving Average is $11.13.
Edgewise Therapeutics Inc (EWTX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Edgewise Therapeutics Inc’s current insider ownership accounts for 32.62%, in contrast to 64.26% institutional ownership. According to the most recent insider trade that took place on May 02 ’24, this organization’s CMO sold 3,682 shares at the rate of 18.91, making the entire transaction reach 69,627 in total value, affecting insider ownership by 19,897. Preceding that transaction, on May 02 ’24, Company’s President and CEO sold 3,152 for 18.91, making the whole transaction’s value amount to 59,604. This particular insider is now the holder of 14,478 in total.
Edgewise Therapeutics Inc (EWTX) Earnings and Revenue Records
Edgewise Therapeutics Inc’s EPS increase for this current 12-month fiscal period is 0.25% and is forecasted to reach -2.12 in the upcoming year.
Edgewise Therapeutics Inc (NASDAQ: EWTX) Trading Performance Indicators
Let’s observe the current performance indicators for Edgewise Therapeutics Inc (EWTX). It’s Quick Ratio in the last reported quarter now stands at 19.50. The Stock has managed to achieve an average true range (ATR) of 1.27.
In the same vein, EWTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.57, a figure that is expected to reach -0.36 in the next quarter, and analysts are predicting that it will be -2.12 at the market close of one year from today.
Technical Analysis of Edgewise Therapeutics Inc (EWTX)
If we take a close look at the recent performances of Edgewise Therapeutics Inc (NASDAQ: EWTX), its last 5-days Average volume was 0.72 million that shows plunge from its year to date volume of 0.9 million. During the previous 9 days, stock’s Stochastic %D was recorded 83.89% While, its Average True Range was 1.33.
Raw Stochastic average of Edgewise Therapeutics Inc (EWTX) in the period of the previous 100 days is set at 89.18%, which indicates a major rise in contrast to 76.12% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 45.05% that was lower than 96.28% volatility it exhibited in the past 100-days period.
