Can Edgewise Therapeutics Inc’s (EWTX) drop of -3.80% in a week be considered a lucky break?

On Monday, Edgewise Therapeutics Inc (NASDAQ: EWTX) was -3.99% drop from the session before settling in for the closing price of $15.29. A 52-week range for EWTX has been $10.60 – $38.12.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

When this article was written, the company’s average yearly earnings per share was at -20.23%. With a float of $77.10 million, this company’s outstanding shares have now reached $95.21 million.

The extent of productivity of a business whose workforce counts for 110 workers is very important to gauge. 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 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 26.71%, while institutional ownership is 74.67%. The most recent insider transaction that took place on May 02 ’25, was worth 25,520. In this transaction Chief Scientific Officer of this company sold 1,551 shares at a rate of $16.45, taking the stock ownership to the 18,521 shares. Before that another transaction happened on May 02 ’25, when Company’s General Counsel sold 1,930 for $16.45, making the entire transaction worth $31,757. This insider now owns 6,531 shares in total.

Edgewise Therapeutics Inc (EWTX) Latest Financial update

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 -20.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -9.15% 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 20.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.55, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.91 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 0.98 million was inferior to 1.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.60%. Additionally, its Average True Range was 0.84.

During the past 100 days, Edgewise Therapeutics Inc’s (EWTX) raw stochastic average was set at 20.52%, which indicates a significant decrease from 35.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.02% in the past 14 days, which was lower than the 79.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.38, while its 200-day Moving Average is $24.32. Now, the first resistance to watch is $15.20. This is followed by the second major resistance level at $15.71. The third major resistance level sits at $16.00. If the price goes on to break the first support level at $14.40, it is likely to go to the next support level at $14.11. The third support level lies at $13.60 if the price breaches the second support level.

Edgewise Therapeutics Inc (NASDAQ: EWTX) Key Stats

There are 105,200K outstanding shares of the company, which has a market capitalization of 1.54 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 -40,800 K.

News Daemon
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.