GlycoMimetics Inc (NASDAQ: GLYC): Can The Stock Still Lose Despite An 9.16% YTD Gain?

GlycoMimetics Inc (NASDAQ:GLYC)’s traded shares stood at 0.2 million during the last session, with the company’s beta value hitting 1.81. At the close of trading, the stock’s price was $0.27, to imply an increase of 4.18% or $0.01 in intraday trading. The GLYC share’s 52-week high remains $3.18, putting it -1077.78% down since that peak but still an impressive 48.15% since price per share fell to its 52-week low of $0.14.

Analysts have given a consensus recommendation of Hold for GlycoMimetics Inc (GLYC), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give GLYC a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

GlycoMimetics Inc (NASDAQ:GLYC) trade information

After registering a 4.18% upside in the last session, GlycoMimetics Inc (GLYC) has traded red over the past five days. The 5-day price performance for the stock is -7.83%, and 7.60% over 30 days. With these gigs, the year-to-date price performance is 9.16%.

GLYC Dividends

GlycoMimetics Inc has its next earnings report out in April. 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.

The next major institution holding the largest number of shares is ARTAL GROUP S.A. with 8.59 million shares, or about 13.3252% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.42 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the GlycoMimetics Inc (GLYC) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.93 shares. This is just over 2.98% of the total shares, with a market valuation of $0.52 million. Data from the same date shows that the other fund manager holds a little less at 730.6, or 1.13% of the shares, all valued at about 0.2 million.