On Tuesday, Edgewise Therapeutics Inc (NASDAQ: EWTX) was 1.73% up from the session before settling in for the closing price of $13.30. A 52-week range for EWTX has been $10.60 – $38.12.
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When this article was written, the company’s average yearly earnings per share was at -28.56%. With a float of $73.99 million, this company’s outstanding shares have now reached $94.84 million.
In an organization with 110 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Edgewise Therapeutics Inc (EWTX) Insider Updates
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 29.63%, while institutional ownership is 71.35%. The most recent insider transaction that took place on Apr 03 ’25, was worth 10,000,000. In this transaction Director of this company bought 496,771 shares at a rate of $20.13, taking the stock ownership to the 14,809,075 shares. Before that another transaction happened on Apr 03 ’25, when Company’s Director bought 496,771 for $20.13, making the entire transaction worth $10,000,000. This insider now owns 14,809,075 shares in total.
Edgewise Therapeutics Inc (EWTX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.71% during the next five years compared to -49.00% drop over the previous five years of trading.
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 19.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -2.05 in one year’s time.
Technical Analysis of Edgewise Therapeutics Inc (EWTX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.4 million. That was inferior than the volume of 1.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.63%. Additionally, its Average True Range was 1.70.
During the past 100 days, Edgewise Therapeutics Inc’s (EWTX) raw stochastic average was set at 11.77%, which indicates a significant decrease from 52.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 149.92% in the past 14 days, which was higher than the 83.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.78, while its 200-day Moving Average is $25.14. However, in the short run, Edgewise Therapeutics Inc’s stock first resistance to watch stands at $13.96. Second resistance stands at $14.38. The third major resistance level sits at $14.67. If the price goes on to break the first support level at $13.25, it is likely to go to the next support level at $12.96. Assuming the price breaks the second support level, the third support level stands at $12.54.
Edgewise Therapeutics Inc (NASDAQ: EWTX) Key Stats
There are 104,774K outstanding shares of the company, which has a market capitalization of 1.42 billion. As of now, sales total 0 K while income totals -133,810 K. Its latest quarter income was 0 K while its last quarter net income were -39,660 K.
