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The closing price of Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) was $1.83 for the day, down -21.46% from the previous closing price of $2.33. In other words, the price has decreased by -$21.46 from its previous closing price. On the day, 1.13 million shares were traded. GLMD stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $1.78.
Ratios:
Our analysis of GLMD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.02 and its Current Ratio is at 9.02. 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 addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 4132195 and an Enterprise Value of -11574217.
Stock Price History:
The Beta on a monthly basis for GLMD is 0.59, which has changed by -0.5447761 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, GLMD has reached a high of $23.80, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 11.50%, while the 200-Day Moving Average is calculated to be -25.02%.
Shares Statistics:
GLMD traded an average of 1.79M shares per day over the past three months and 465480 shares per day over the past ten days. A total of 2.26M shares are outstanding, with a floating share count of 2.19M. Insiders hold about 2.90% of the company’s shares, while institutions hold 9.88% stake in the company. Shares short for GLMD as of 1749772800 were 66910 with a Short Ratio of 0.05, compared to 1747267200 on 188196. Therefore, it implies a Short% of Shares Outstanding of 66910 and a Short% of Float of 3.05.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
