On Monday, Edgewise Therapeutics Inc (NASDAQ: EWTX) was -10.46% drop from the session beforebefore settling in for the closing price of $18.83. A 52-week range for EWTX has been $5.12 – $23.50.
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When this article was written, the company’s average yearly earnings per share was at 5.63%. With a float of $58.46 million, this company’s outstanding shares have now reached $70.45 million.
The extent of productivity of a business whose workforce counts for 88 workers is very important to gauge. In terms of profitability, gross margin is 9.41%, operating margin of -6046.8%, and the pretax margin is -5145.56%.
Edgewise Therapeutics Inc (EWTX) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Edgewise Therapeutics Inc stocks. The insider ownership of Edgewise Therapeutics Inc is 37.66%, while institutional ownership is 71.52%. The most recent insider transaction that took place on May 02 ’24, was worth 36,988. In this transaction General Counsel of this company sold 1,956 shares at a rate of $18.91, taking the stock ownership to the 3,252 shares. Before that another transaction happened on May 02 ’24, when Company’s Chief Financial Officer sold 2,157 for $18.91, making the entire transaction worth $40,789. This insider now owns 35,230 shares in total.
Edgewise Therapeutics Inc (EWTX) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.41 earnings per share (EPS) during the time that was less than consensus figure (set at -0.4) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.63% per share during the next fiscal year.
Edgewise Therapeutics Inc (NASDAQ: EWTX) Trading Performance Indicators
You can see what Edgewise Therapeutics Inc (EWTX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 30.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.53, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach -1.88 in one year’s time.
Technical Analysis of Edgewise Therapeutics Inc (EWTX)
The latest stats from [Edgewise Therapeutics Inc, EWTX] show that its last 5-days average volume of 0.74 million was inferior to 0.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.29%. Additionally, its Average True Range was 1.19.
During the past 100 days, Edgewise Therapeutics Inc’s (EWTX) raw stochastic average was set at 21.70%, which indicates a significant increase from 6.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.16% in the past 14 days, which was higher than the 63.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.91, while its 200-day Moving Average is $16.32. Now, the first resistance to watch is $18.43. This is followed by the second major resistance level at $20.01. The third major resistance level sits at $20.92. If the price goes on to break the first support level at $15.94, it is likely to go to the next support level at $15.03. The third support level lies at $13.45 if the price breaches the second support level.
Edgewise Therapeutics Inc (NASDAQ: EWTX) Key Stats
There are 93,399K outstanding shares of the company, which has a market capitalization of 1.58 billion. As of now, sales total 0 K while income totals -100,160 K. Its latest quarter income was 0 K while its last quarter net income were -31,500 K.
