Additionally, the 36-month beta value for EWTX is 0.22. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for EWTX is 67.23M and currently, short sellers hold a 11.99% ratio of that float. The average trading volume of EWTX on March 07, 2025 was 976.05K shares.
EWTX) stock’s latest price update
The stock price of Edgewise Therapeutics Inc (NASDAQ: EWTX) has surged by 5.32 when compared to previous closing price of 26.71, but the company has seen a 6.59% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-03-04 that BOULDER, Colo.–(BUSINESS WIRE)–Edgewise Therapeutics, Inc., (Nasdaq: EWTX), a leading muscle disease biopharmaceutical company, today announced that management will present at the Leerink Partners Global Healthcare Conference on Tuesday, March 11, 2025, at 1:40 pm ET. The presentation will be webcast live; a link for the webcast can be found on the Edgewise Events & Presentations page and will be accessible for replay, for a limited time, following the conference. It is recommended that u.
EWTX’s Market Performance
EWTX’s stock has risen by 6.59% in the past week, with a monthly drop of -4.64% and a quarterly drop of -10.81%. The volatility ratio for the week is 8.68% while the volatility levels for the last 30 days are 7.01% for Edgewise Therapeutics Inc The simple moving average for the past 20 days is 7.19% for EWTX’s stock, with a 13.19% simple moving average for the past 200 days.
Analysts’ Opinion of EWTX
Many brokerage firms have already submitted their reports for EWTX stocks, with Stifel repeating the rating for EWTX by listing it as a “Hold.” The predicted price for EWTX in the upcoming period, according to Stifel is $30 based on the research report published on January 22, 2025 of the current year 2025.
Evercore ISI, on the other hand, stated in their research note that they expect to see EWTX reach a price target of $45. The rating they have provided for EWTX stocks is “Outperform” according to the report published on November 22nd, 2024.
Piper Sandler gave a rating of “Overweight” to EWTX, setting the target price at $48 in the report published on March 07th of the previous year.
EWTX Trading at 3.77% from the 50-Day Moving Average
After a stumble in the market that brought EWTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.21% of loss for the given period.
Volatility was left at 7.01%, however, over the last 30 days, the volatility rate increased by 8.68%, as shares sank -6.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.67% lower at present.
During the last 5 trading sessions, EWTX rose by +6.59%, which changed the moving average for the period of 200-days by +54.73% in comparison to the 20-day moving average, which settled at $26.24. In addition, Edgewise Therapeutics Inc saw 5.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EWTX starting from Russell Alan J, who sale 8,015 shares at the price of $30.02 back on Feb 05 ’25. After this action, Russell Alan J now owns 14,863 shares of Edgewise Therapeutics Inc, valued at $240,623 using the latest closing price.
Russell Alan J, the Chief Scientific Officer of Edgewise Therapeutics Inc, sale 1,200 shares at $30.13 during a trade that took place back on Feb 06 ’25, which means that Russell Alan J is holding 14,863 shares at $36,153 based on the most recent closing price.
Stock Fundamentals for EWTX
The total capital return value is set at -0.34. Equity return is now at value -34.40, with -32.37 for asset returns.
Based on Edgewise Therapeutics Inc (EWTX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -23.02.
Currently, EBITDA for the company is -158.83 million with net debt to EBITDA at 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 19.93.
Conclusion
In conclusion, Edgewise Therapeutics Inc (EWTX) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
