With 1.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. The 52-week range on EWTX shows that it touched its highest point at $38.12 and its lowest point at $10.60 during that stretch. It currently has a 1-year price target of $41.20. Beta for the stock currently stands at 0.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EWTX was down-trending over the past week, with a drop of -11.46%, but this was up by 22.74% over a month. Three-month performance dropped to -51.65% while six-month performance fell -57.29%. The stock lost -25.61% in the past year, while it has lost -45.62% so far this year. A look at the trailing 12-month EPS for EWTX yields -1.45 with Next year EPS estimates of -2.02. For the next quarter, that number is -0.43. This implies an EPS growth rate of -25.73% for this year and -10.70% for next year. EPS is expected to decline by -11.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -49.00%.
Float and Shares Shorts:
At present, 94.84 million EWTX shares are outstanding with a float of 73.99 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EWTX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.42758 being high and -$1.61244 being low. For EWTX, this leads to a yearly average estimate of -$1.4892. Based on analyst estimates, the high estimate for the next quarter is -$0.39 and the low estimate is -$0.54. The average estimate for the next quarter is thus -$0.44.
