In the latest trading session, 0.47 million GlycoMimetics Inc (NASDAQ:GLYC) shares changed hands as the company’s beta touched 2.04. With the company’s most recent per share price at $0.17 changing hands around $0.0 or 2.79% at last look, the market valuation stands at $10.94M. GLYC’s current price is a discount, trading about -1976.47% off its 52-week high of $3.53. The share price had its 52-week low at $0.14, which suggests the last value was 17.65% up since then. When we look at GlycoMimetics Inc’s average trading volume, we note the 10-day average is 0.87 million shares, with the 3-month average coming to 1.06 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. GlycoMimetics Inc’s EPS for the current quarter is expected to be -0.11.
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GlycoMimetics Inc (NASDAQ:GLYC) trade information
Instantly GLYC is in green as seen in intraday trades today. With action 8.09%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -92.81%, with the 5-day performance at 8.09% in the green. However, in the 30-day time frame, GlycoMimetics Inc (NASDAQ:GLYC) is 3.10% up. Looking at the short shares, we see there were 1.64 million shares sold at short interest cover period of 3.06 days.
GlycoMimetics Inc (GLYC) estimates and forecasts
Data shows that the GlycoMimetics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -90.86% over the past 6 months, a 3.45% in annual growth rate that is considerably lower than the industry average of 17.50%.
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 35.74% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 38.98%. There are 35.74% 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.
