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Stock impact report

Edgewise Therapeutics (EWTX): Assessing Valuation After an 80% Three-Month Surge in the Share Price [Yahoo! Finance]

Edgewise Therapeutics, Inc. (EWTX) 
Company Research Source: Yahoo! Finance
See our latest analysis for Edgewise Therapeutics. The latest surge takes Edgewise Therapeutics to a share price of $27.29 and caps a powerful stretch, with short term share price momentum now catching up to its strong three year total shareholder return of over 230 percent. If this kind of momentum has your attention, it could be a good time to explore other promising healthcare names using our screener for healthcare stocks Yet with shares still trading at a sizeable discount to analyst targets despite a blockbuster three year run, investors now face a tougher question: is Edgewise Therapeutics still a buying opportunity, or is the market already pricing in the next leg of growth? On a price to book basis, Edgewise Therapeutics trades at 5.2 times its net assets, a level that looks inexpensive against direct peers but elevated versus the wider pharmaceuticals space. The price to book multiple compares the market value of a company to the accounting value of its equity, a Show less Read more
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