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In the latest session, GlycoMimetics Inc (NASDAQ: GLYC) closed at $0.15 down -7.12% from its previous closing price of $0.17. In other words, the price has decreased by -$7.12 from its previous closing price. On the day, 0.92 million shares were traded. GLYC stock price reached its highest trading level at $0.165 during the session, while it also had its lowest trading level at $0.1463.
Ratios:
For a deeper understanding of GlycoMimetics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.48 and its Current Ratio is at 5.48. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 22, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $12.
Jefferies Upgraded its Hold to Buy on November 12, 2021, whereas the target price for the stock was revised from $3 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 08 ’24 when Invus Public Equities, L.P. sold 260,873 shares for $0.19 per share. The transaction valued at 50,009 led to the insider holds 6,317,565 shares of the business.
Invus Public Equities, L.P. sold 61,488 shares of GLYC for $11,197 on Aug 07 ’24. The 10% Owner now owns 6,578,438 shares after completing the transaction at $0.18 per share. On Aug 05 ’24, another insider, Invus Public Equities, L.P., who serves as the 10% Owner of the company, sold 164,523 shares for $0.19 each. As a result, the insider received 30,996 and left with 6,695,658 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, GLYC now has a Market Capitalization of 10697887 and an Enterprise Value of -12006747. For the stock, the TTM Price-to-Sale (P/S) ratio is 992.99 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at -1200.675 whereas that against EBITDA is 0.294.
Stock Price History:
Over the past 52 weeks, GLYC has reached a high of $3.53, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -16.64%, while the 200-Day Moving Average is calculated to be -89.23%.
Shares Statistics:
For the past three months, GLYC has traded an average of 1.15M shares per day and 524830 over the past ten days. A total of 64.39M shares are outstanding, with a floating share count of 59.08M. Insiders hold about 8.38% of the company’s shares, while institutions hold 35.46% stake in the company. Shares short for GLYC as of 1726185600 were 1821987 with a Short Ratio of 1.59, compared to 1723680000 on 2312921. Therefore, it implies a Short% of Shares Outstanding of 1821987 and a Short% of Float of 4.0700004.
