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The closing price of Galecto Inc (NASDAQ: GLTO) was $17.39 for the day, up 4.89% from the previous closing price of $16.58. In other words, the price has increased by $4.89 from its previous closing price. On the day, 0.15 million shares were traded. GLTO stock price reached its highest trading level at $17.475 during the session, while it also had its lowest trading level at $16.435.
Ratios:
Our analysis of GLTO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.73 and its Current Ratio is at 3.73. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
On November 23, 2020, SVB Leerink started tracking the stock assigning a Outperform rating and target price of $27.
On November 23, 2020, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $29.Credit Suisse initiated its Outperform rating on November 23, 2020, with a $29 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 03 ’25 when Schambye Hans T. sold 735 shares for $3.38 per share. The transaction valued at 2,484 led to the insider holds 4,022 shares of the business.
Winslow Garrett sold 260 shares of GLTO for $881 on Jul 03 ’25. The General Counsel now owns 1,429 shares after completing the transaction at $3.39 per share. On Jul 03 ’25, another insider, Firmani Lori, who serves as the Interim CFO of the company, sold 147 shares for $3.39 each. As a result, the insider received 498 and left with 692 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLTO now has a Market Capitalization of 27693940 and an Enterprise Value of 16887216.
Stock Price History:
The Beta on a monthly basis for GLTO is 1.28, which has changed by 2.1283019 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, GLTO has reached a high of $33.60, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 61.96%, while the 200-Day Moving Average is calculated to be 232.00%.
Shares Statistics:
GLTO traded an average of 3.48M shares per day over the past three months and 879980 shares per day over the past ten days. A total of 1.33M shares are outstanding, with a floating share count of 1.29M. Insiders hold about 2.78% of the company’s shares, while institutions hold 13.84% stake in the company. Shares short for GLTO as of 1763078400 were 337430 with a Short Ratio of 0.10, compared to 1760486400 on 89134. Therefore, it implies a Short% of Shares Outstanding of 337430 and a Short% of Float of 21.83.
