In the last trading session, 0.46 million GlycoMimetics Inc (NASDAQ:GLYC) shares changed hands as the company’s beta touched 2.04. With the company’s per share price at $0.15 changed hands at -$0.02 or -7.06% during last session, the market valuation stood at $9.94M. GLYC’s last price was a discount, traded about -2253.33% off its 52-week high of $3.53. The share price had its 52-week low at $0.16, which suggests the last value was -6.67% down since then. When we look at GlycoMimetics Inc’s average trading volume, we note the 10-day average is 0.62 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the GlycoMimetics Inc (GLYC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GLYC as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
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GlycoMimetics Inc (NASDAQ:GLYC) trade information
Instantly GLYC was in red as seen at the end of in last trading. With action -3.39%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -93.47%, with the 5-day performance at -3.39% in the red. However, in the 30-day time frame, GlycoMimetics Inc (NASDAQ:GLYC) is -9.41% down. Looking at the short shares, we see there were 1.82 million shares sold at short interest cover period of 1.7 days.
GlycoMimetics Inc (GLYC) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.11%. The 2024 estimates are for GlycoMimetics Inc earnings to increase by 12.93%.
GLYC Dividends
GlycoMimetics Inc is expected to release its next quarterly earnings report on 2024-Nov-01.
GlycoMimetics Inc (NASDAQ:GLYC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.32% of GlycoMimetics Inc shares while 34.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 37.97%. There are 34.81% institutions holding the GlycoMimetics Inc stock share, with BVF INC/IL the top institutional holder. As of 2024-06-30, the company held 14.8071% of the shares, roughly 9.54 million GLYC shares worth $2.69 million.
ARTAL GROUP S.A. holds the second largest percentage of outstanding shares, with 13.3252% or 8.59 million shares worth $2.42 million as of 2024-06-30.
