You Should Look At The Stock Forecast For Galmed Pharmaceuticals Ltd (NASDAQ: GLMD).

In today’s recent session, 53.09 million shares of the Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) have been traded, and its beta is 0.66. Most recently the company’s share price was $9.65, and it changed around $5.78 or 149.48% from the last close, which brings the market valuation of the company to $6.18M. GLMD at last check was trading at a discount to its 52-week high of $10.50, offering almost -8.81% off that amount. The share price’s 52-week low was $2.73, which indicates that the recent value has risen by an impressive 71.71% since then. We note from Galmed Pharmaceuticals Ltd’s average daily trading volume that its 10-day average is 0.22 million shares, with the 3-month average coming to 75.57K.

Galmed Pharmaceuticals Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GLMD as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Galmed Pharmaceuticals Ltd is expected to report earnings per share of 0 for the current quarter.

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Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) trade information

Instantly GLMD has been showing a green trend so far today with a performance of 149.48% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.20 on recent trading dayincreased the stock’s daily price by 13.84%. The company’s shares are currently up 76.83% year-to-date, but still up 171.21% over the last five days. On the other hand, Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) is 187.35% up in the 30-day period. We can see from the shorts that 40640.0 shares have been sold at a short interest cover period of 0.42 day(s).