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The closing price of GlycoMimetics Inc (NASDAQ: GLYC) was $0.42 for the day, down -0.19% from the previous closing price of $0.42. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 2.35 million shares were traded. GLYC stock price reached its highest trading level at $0.4477 during the session, while it also had its lowest trading level at $0.407.
Ratios:
Our analysis of GLYC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 3.62. 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:
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 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 26773756 and an Enterprise Value of 3817615. For the stock, the TTM Price-to-Sale (P/S) ratio is 2789.14 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 381.762 whereas that against EBITDA is -0.094.
Stock Price History:
The Beta on a monthly basis for GLYC is 1.83, which has changed by -0.72 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, GLYC has reached a high of $3.53, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 75.25%, while the 200-Day Moving Average is calculated to be -58.60%.
Shares Statistics:
GLYC traded an average of 19.27M shares per day over the past three months and 2142810 shares per day over the past ten days. A total of 64.39M shares are outstanding, with a floating share count of 57.07M. Insiders hold about 11.50% of the company’s shares, while institutions hold 37.44% stake in the company. Shares short for GLYC as of 1730332800 were 5638593 with a Short Ratio of 0.29, compared to 1727654400 on 1637061. Therefore, it implies a Short% of Shares Outstanding of 5638593 and a Short% of Float of 12.61.
Earnings Estimates
The current market rating for GlycoMimetics Inc (GLYC) reflects the collective analysis of 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.67, with high estimates of -$0.67 and low estimates of -$0.67.
Analysts are recommending an EPS of between -$0.08 and -$0.08 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $nan, with nan analysts recommending between $nan and $nan.
Revenue Estimates
Based on nan analysts’ estimates, the company’s revenue will be $nan in the next fiscal year. The high estimate is $nan and the low estimate is $nan.