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As of close of business last night, GlycoMimetics Inc’s stock clocked out at $0.49, up 191.32% from its previous closing price of $0.17. In other words, the price has increased by $191.32 from its previous closing price. On the day, 1.12 billion shares were traded. GLYC stock price reached its highest trading level at $0.63 during the session, while it also had its lowest trading level at $0.3211.
Ratios:
To gain a deeper understanding of GLYC’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 31597160 and an Enterprise Value of 9659862. For the stock, the TTM Price-to-Sale (P/S) ratio is 3159.52 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 965.986 whereas that against EBITDA is -0.237.
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 $0.14. The 50-Day Moving Average of the stock is 185.07%, while the 200-Day Moving Average is calculated to be -58.86%.
Shares Statistics:
It appears that GLYC traded 1.04M shares on average per day over the past three months and 113374470 shares per day 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 35.62% stake in the company. Shares short for GLYC as of 1728950400 were 1827151 with a Short Ratio of 1.75, compared to 1726185600 on 1821987. Therefore, it implies a Short% of Shares Outstanding of 1827151 and a Short% of Float of 4.0799997999999995.