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The price of Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) closed at $0.92 in the last session, up 12.40% from day before closing price of $0.82. In other words, the price has increased by $12.40 from its previous closing price. On the day, 0.26 million shares were traded. GLMD stock price reached its highest trading level at $0.9392 during the session, while it also had its lowest trading level at $0.81.
Ratios:
We take a closer look at GLMD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.98 and its Current Ratio is at 7.98. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for the company, B. Riley FBR on May 22, 2020, Downgraded its rating to Neutral and sets its target price to $8 from $11 previously.
On February 04, 2020, Craig Hallum started tracking the stock assigning a Buy rating and target price of $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLMD now has a Market Capitalization of 5061713 and an Enterprise Value of -15629042.
Stock Price History:
The Beta on a monthly basis for GLMD is 0.35, which has changed by -0.7125874 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, GLMD has reached a high of $3.61, while it has fallen to a 52-week low of $0.74. The 50-Day Moving Average of the stock is -29.48%, while the 200-Day Moving Average is calculated to be -41.73%.
Shares Statistics:
According to the various share statistics, GLMD traded on average about 2.00M shares per day over the past 3-months and 12426200 shares per day over the past 10 days. A total of 5.48M shares are outstanding, with a floating share count of 5.41M. Insiders hold about 1.19% of the company’s shares, while institutions hold 4.49% stake in the company. Shares short for GLMD as of 1763078400 were 1321 with a Short Ratio of 0.00, compared to 1760486400 on 19221. Therefore, it implies a Short% of Shares Outstanding of 1321 and a Short% of Float of 0.02.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. Analysts are recommending an EPS of between -$2.31 and -$2.31 for the fiscal current year, implying an average EPS of -$2.31. EPS for the following year is -$0.85, with 1.0 analysts recommending between -$0.85 and -$0.85.
