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How to Buy Edgewise Therapeutics Stock

Edgewise Therapeutics Inc

Edgewise Therapeutics, Inc. , a biopharmaceutical company, develops small molecule therapies for musculoskeletal diseases.

Edgewise Therapeutics stock last closed at $16.17, up 1.44% from the previous day, and has increased 104.94% in one year. It has overperformed other stocks in the Biotechnology industry by 1.27 percentage points. Edgewise Therapeutics stock is currently +215.82% from its 52-week low of $5.12, and -21.85% from its 52-week high of $20.69.

At the moment, there are 93.11M EWTX shares outstanding. The market cap of EWTX is $1.51B. In the last 24 hours, 676,052 EWTX shares were traded.

How to Buy Edgewise Therapeutics Stock

Wondering how to invest in Edgewise Therapeutics stock? Here's how.
  1. Figure out where to buy Edgewise Therapeutics stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Edgewise Therapeutics stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Edgewise Therapeutics stock: The Edgewise Therapeutics ticker symbol is EWTX. Is Edgewise Therapeutics stock a good investment? Should you buy shares of EWTX? How do EWTX's underlying business fundamentals look? Do top analysts think Edgewise Therapeutics is a good buy? Why has EWTX's stock price moved recently? (Hint: Our stock research tools can help you figure out if EWTX is a good stock to buy).
  5. Place your EWTX purchase: Decide if you will purchase EWTX shares at the current market price or use a limit order to buy EWTX shares at a specific price.
  6. Watch your EWTX investment: Create a watchlist to keep tabs on your new investment in Edgewise Therapeutics stock.

Step 1: Figure out where to buy Edgewise Therapeutics stock

You will need a brokerage account in order to access the NASDAQ market and buy EWTX shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal info so you are able to invest in EWTX today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on the best beginner stock app, you can securely and quickly fund your account:

Watch the video below to see the process of depositing money into your new brokerage account.

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Step 4: Evaluate Edgewise Therapeutics stock

After you have figured out the best place to buy Edgewise Therapeutics stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk as well as the opportunity.

Edgewise Therapeutics stock at a glance

EWTX Price
$16.17
1w %
6.17%
1y %
104.94%
5y %
N/A
P/E
-10.3x
P/B
4.72x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$100.16M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.51B
Next Earnings
May 9, 2024
Next Dividend
N/A

Edgewise Therapeutics Overview

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can see all of the due diligence checks on EWTX's stock page.

What is the fair value of EWTX stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EWTX's intrinsic value.

Using relative valuations ratios:

  • EWTX could be undervalued based on its P/B ratio of 4.72x, relative to Biotechnology industry P/B ratio of 5.85x

You can access more valuation analysis on EWTX's stock here.

EWTX Financial Overview

Positive Financial Indicators:

  • EWTX has a low debt to equity ratio of 0.07.
  • There are more short-term assets than long-term liabilities on the EWTX balance sheet.
  • EWTX has cash burn of 97693000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the EWTX balance sheet.
  • EWTX has $318.39M in cash and short term investments. This is sufficient to cover its annual cash burn of $97.69M.

Is it a good time to buy Edgewise Therapeutics stock, according to Wall Street analysts?

Out of 4 Equities analysts who monitor EWTX, the consensus analyst rating on Edgewise Therapeutics is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Edgewise Therapeutics stock forecast page.

EWTX Momentum

SMA10
15.84
SMA20
16.4
SMA50
16.79
SMA100
14.54
SMA200
10.58
MACD
-0.3
MACD Signal
-0.29
MACD Histogram
-0.02
RSI
48.6
Stochastic %K
48.01
Stochastic %D
34.27
StochRSI %K
88.97
StochRSI %D
69.21

Latest Insiders Trades at EWTX

In the last 12 months, insiders at EWTX have bought more shares than they have sold.

Behrad Derakhshan, Chief Business Officer of EWTX, was the latest EWTX insider to sell. They sold $96,211.20 worth of EWTX shares on Feb 9, 2024.

Get more info about who owns EWTX shares here.

Does EWTX provide a stable income stream?

No, Edgewise Therapeutics doesn't provide an income stream by paying out dividends.

What do other investors have to say about EWTX?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your EWTX purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.

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Step 6: Watch your EWTX investment

Now that you own some EWTX stock, you'll want to stay up-to-date on your new investment.

Make a watchlist to track the most important metrics related to your EWTX stock.

EWTX Feed

How to Buy Stock in Edgewise Therapeutics

To summarize, here are the 6 steps to buy Edgewise Therapeutics stock:

  1. Figure out where to buy Edgewise Therapeutics stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Edgewise Therapeutics stock
  5. Place your EWTX purchase
  6. Watch your EWTX investment

If you are looking for a online brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Edgewise Therapeutics, create a watchlist on WallStreetZen today.

NASDAQ: EWTX
$16.17+0.23 (+1.44%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: EWTX
$16.17+0.23 (+1.44%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Edgewise Therapeutics share?

As of Apr 26, 2024, it costs $16.17 to buy one share of Edgewise Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.495 shares of EWTX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Edgewise Therapeutics stock?

According to 4 Wall Street analysts who monitor Edgewise Therapeutics, their consensus recommendation is to buy Edgewise Therapeutics stock.

What is the best way to buy Edgewise Therapeutics stock?

One way to place an order for Edgewise Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.