Galectin Therapeutics Inc (NASDAQ: GALT)’s -25.78-Percent Loss Of This Past Week Taught Us Something New

Galectin Therapeutics Inc (NASDAQ:GALT)’s traded shares stood at 0.44 million during the latest session, with the company’s beta value hitting 0.72. At the last check today, the stock’s price was $2.14, to imply an increase of 1.90% or $0.03 in intraday trading. The GALT share’s 52-week high remains $4.27, putting it -99.53% down since that peak but still an impressive 27.57% since price per share fell to its 52-week low of $1.55. The company has a valuation of $134.62M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 171.49K shares over the past 3 months.

Galectin Therapeutics Inc (NASDAQ:GALT) trade information

After registering a 1.90% upside in the latest session, Galectin Therapeutics Inc (GALT) has traded red over the past five days. The 5-day price performance for the stock is -25.78%, and -23.67% over 30 days. With these gigs, the year-to-date price performance is 29.22%. Short interest in Galectin Therapeutics Inc (NASDAQ:GALT) saw shorts transact 5.52 million shares and set a 42.37 days time to cover.

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Galectin Therapeutics Inc (GALT) estimates and forecasts

Looking at statistics comparing Galectin Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Galectin Therapeutics Inc (GALT) shares are -17.50% down over the last 6 months, with its year-to-date growth rate lower than industry average at 1.35% against 16.60%.

GALT Dividends

Galectin Therapeutics Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Galectin Therapeutics Inc (NASDAQ:GALT)’s Major holders

Galectin Therapeutics Inc insiders hold 30.95% of total outstanding shares, with institutional holders owning 15.77% of the shares at 22.85% float percentage. In total, 15.77% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.12 million shares (or 3.4143% of shares), all amounting to roughly $4.78 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 1.56 million shares, or about 2.5232% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.53 million.