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Galecto Inc (NASDAQ: GLTO) closed the day trading at $11.95 down -1.44% from the previous closing price of $12.12. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.13 million shares were traded. GLTO stock price reached its highest trading level at $13.68 during the session, while it also had its lowest trading level at $11.6501.
Ratios:
For a better understanding of GLTO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.80 and its Current Ratio is at 6.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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.
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 12968259 and an Enterprise Value of -9816764.
Stock Price History:
Over the past 52 weeks, GLTO has reached a high of $23.50, while it has fallen to a 52-week low of $11.50. The 50-Day Moving Average of the stock is -9.86%, while the 200-Day Moving Average is calculated to be -24.63%.
Shares Statistics:
Over the past 3-months, GLTO traded about 10.91K shares per day on average, while over the past 10 days, GLTO traded about 46734 shares per day. A total of 1.09M shares are outstanding, with a floating share count of 1.04M. Insiders hold about 4.20% of the company’s shares, while institutions hold 41.60% stake in the company. Shares short for GLTO as of 1723680000 were 340 with a Short Ratio of 0.03, compared to 1721001600 on 120. Therefore, it implies a Short% of Shares Outstanding of 340 and a Short% of Float of 0.029999999000000003.
