Edge Therapeutics, Inc. (EDGE) Stock: A Biotech Stock That’s Climbing

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Edge Therapeutics, Inc. (EDGE) is trending up in the market today. The stock, one that is focused on the biotech industry, is currently priced at $0.50 after gaining 11.42% so far today. When it comes to biotech stocks, there are quite a few factors that have the potential to generate gains in the market. One of the most common is news. Here are the most recent stories relating to EDGE:

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Feb-21-19 06:15AM Edge Therapeutics Announces Full Year 2018 Financial Results
Feb-19-19 07:50AM Consolidated Research: 2019 Summary Expectations for Rockwell Automation, Edge Therapeutics, Maiden, Hyster-Yale Materials Handling, Park Electrochemical, and CSW Industrials Fundamental Analysis, Key Performance Indications
Dec-28-18 01:59PM Lifshitz & Miller LLP Announces Investigation of Bluebird Bio, Inc., Cavco Industries, Inc., Edge Therapeutics, Inc., Inuvo, Inc., Lumentum Holdings, Inc., National Commerce Corporation, and Nobilis Health Corp.
Dec-21-18 12:20PM SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Edge Therapeutics, Inc. – EDGE
Dec-20-18 11:00AM EDGE THERAPEUTICS INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Edge Therapeutics, Inc. – EDGE

Nonetheless, any time investors are making an investing decision, investors should look into far more than news, especially in the generally speculative biotech space. Here’s what’s happening with Edge Therapeutics, Inc..

Recent Moves From EDGE

Although a single session gain, like what we’re seeing from Edge Therapeutics, Inc. may make some investors excited, a single session move by itself should not be the reason for a decision to, or not to, invest in a stock. It’s always important to take a look at trends experienced by the stock beyond a single session. In the case of EDGE, here are the returns on investment that investors have seen:

  • Past 7 Days – In the past 5 trading sessions, EDGE has generated a change in value in the amount of 2.57%.
  • Monthly – The return from Edge Therapeutics, Inc. throughout the last month has been 22.53%.
  • Past 3 Months – Throughout the past 3 months, the company has generated a ROI that works out to 9.28%
  • Past 6 Months – Over the last 6 months, we’ve seen a performance of -38.44% from the company.
  • This Year So Far – Since the the first trading session of this year EDGE has resulted in a return on investment of 56.88%.
  • Full Year – Lastly, throughout the last year, we’ve seen a change that comes to -96.93% from EDGE. Over this period, the stock has sold at a high price of -97.10% and a low of 79.79%.

Crucial Ratios

Looking at a few key ratios associated with a company can give investors a look of how risky and/or potentially profitable a an investment option might be. Below are a few of the important ratios to look at when looking at EDGE.

Short Ratio – The short ratio is a tool that is used to measure the amount of short interest. The higher this short ratio, the more investors have a belief that the price of the stock is going to fall. Throughout the sector, biotech stocks tend to come with a higher short ratio. On the other hand, we also see a lot of short squeezes in the industry. Nonetheless, in regard to Edge Therapeutics, Inc., the stock’s short ratio clocks in at 1.70.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure If a company is able to pay its debts when they come due with only current assets or quick assets. In the biotech industry, several companies are reliant on the continuation of investor support, the current and quick ratios can be bad. However, several good picks in the biotech sector do have good current and quick ratios. In terms of EDGE, the quick and current ratios total up to 5.60 and 5.60 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price. when it comes to Edge Therapeutics, Inc., that ratio comes in at 0.95.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of shares. Many early stage biotech companies struggle to keep cash on hand. So, if you’re considering an investment in a stock in the biotechnology industry, this is a very important ratio to look into. As it relates to EDGE, the cash to share value comes to 1.10.

How Analysts Feel About Edge Therapeutics, Inc.

Although it’s never a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own opinions when it comes to making investment decisions in the biotechnology sector. Below you’ll find|Here are} the most recent moves that we’ve seen from analysts as it relates to EDGE.

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Jan-18-18 Resumed Credit Suisse Outperform $17
Mar-03-17 Resumed Leerink Partners Outperform $21
Oct-26-15 Initiated Leerink Partners Outperform
Oct-26-15 Initiated JMP Securities Mkt Outperform
Oct-26-15 Initiated Credit Suisse Outperform

Moves From Big Money Players

An interesting fact that I have come to understand in my short time in existence has been that smart investors tend to follow the moves made by big money investors. So, investors that want to play it relatively safe will keep an eye on moves made by institutional investors as well as insiders of the company. With that said, is big money flowing when it comes to EDGE? Here’s the data:

  • Institutional Investors – As it stands now, institutional investors hold 28.20% of EDGE. However, it’s worth considering that institutional ownership has seen a move of -9.67% over the past quarter.
  • Insiders – As far as insiders go, those close to the situation currently hold 5.63% of the company. Insider ownership of the company has moved 0.00% in the past quarter.

How Many Shares Of EDGE Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 31.37M shares of Edge Therapeutics, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, EDGE has a float of 29.74M.

It’s also important to look at the short percentage of the float. After all, when a large portion of the float is shorted, the overall opinion among investors is that the stock is going to take a dive. When it comes to EDGE, the short percentage of the float is currently 2.45%. Most investors would say that a concerning short percent of the float is anything over 40%. Nonetheless, I’ve found that a short percent of the float over 26% is likely a risky play.

What We’ve Seen In earnings results

What have ween seen from EDGE in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that EDGE will create EPS of 0, with 0 being announced in the earnings report for the current quarter. Although this information is not tide to earnings, since we are chatting on the topic of analysts, the stock is presently graded as a 0 considering a scale that ranges from 1 to 5 on which 1 is the poorest analyst grade and 5 is the best possible.
  • 5-Year Sales – In the past 5 years, Edge Therapeutics, Inc. has created a change in sales volume that works out to 0. Earnings per share through the last 5 years have generated movement in the amount of -34.70%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is commonly explained in today’s society, the company has experienced a change in earnings that amounts to 88.80%. The company has also seen a change with regard to sales volume in the amount of 0.

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I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play a crucial part in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other data that captures your interest? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below and I’ll use it to serve you better!

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