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The price of Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) closed at $2.86 in the last session, down -0.35% from day before closing price of $2.87. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 53993.0 shares were traded. GLMD stock price reached its highest trading level at $2.91 during the session, while it also had its lowest trading level at $2.71.
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 7.03 and its Current Ratio is at 7.03. 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 4738991 and an Enterprise Value of -8270407.
Stock Price History:
Over the past 52 weeks, GLMD has reached a high of $23.80, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is -33.44%, while the 200-Day Moving Average is calculated to be -31.91%.
Shares Statistics:
According to the various share statistics, GLMD traded on average about 2.59M shares per day over the past 3-months and 35130 shares per day over the past 10 days. A total of 1.66M shares are outstanding, with a floating share count of 1.64M. Insiders hold about 1.29% of the company’s shares, while institutions hold 10.43% stake in the company. Shares short for GLMD as of 1730332800 were 45883 with a Short Ratio of 0.01, compared to 1727654400 on 34164. Therefore, it implies a Short% of Shares Outstanding of 45883 and a Short% of Float of 3.08.
