When Will GlycoMimetics Inc. (GLYC) Be Worth Investing In?

GlycoMimetics Inc (NASDAQ:GLYC) has a beta value of 1.82 and has seen 46.69 million shares traded in the last trading session. The company, currently valued at $23.16M, closed the last trade at $0.36 per share which meant it gained $0.07 on the day or 23.79% during that session. The GLYC stock price is -833.33% off its 52-week high price of $3.36 and 61.11% above the 52-week low of $0.14.

The consensus among analysts is that GlycoMimetics Inc (GLYC) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

GlycoMimetics Inc (NASDAQ:GLYC) trade information

Sporting 23.79% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GLYC stock price touched $0.36 or saw a rise of 2.7%. Year-to-date, GlycoMimetics Inc shares have moved 44.18%, while the 5-day performance has seen it change 37.71%. Over the past 30 days, the shares of GlycoMimetics Inc (NASDAQ:GLYC) have changed 42.35%.

GlycoMimetics Inc (GLYC) estimates and forecasts

The company’s shares have gained 100.33% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 15.18% over the past 5 years.

GLYC Dividends

GlycoMimetics Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

GlycoMimetics Inc (NASDAQ:GLYC)’s Major holders

The top two institutional holders are BVF INC/IL with over 9.54 million shares worth more than $2.69 million. As of 2024-06-30, BVF INC/IL held 14.8071% of shares outstanding.

The other major institutional holder is ARTAL GROUP S.A., with the holding of over 8.59 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.42 million and represent 13.3252% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 2.98% shares in the company for having 1.93 shares of worth $0.69 million while later fund manager owns 730.6 shares of worth $0.26 million as of Sep 30, 2024 , which makes it owner of about 1.13% of company’s outstanding stock.