GlycoMimetics Inc (NASDAQ:GLYC) 46.15% Above Its 52-Week Low, But Can It Keep Rising?

In last trading session, GlycoMimetics Inc (NASDAQ:GLYC) saw 0.66 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $0.26 trading at $0.01 or 4.11% at ring of the bell on the day assigns it a market valuation of $16.83M. That closing price of GLYC’s stock is at a discount of -642.31% from its 52-week high price of $1.93 and is indicating a premium of 46.15% from its 52-week low price of $0.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 1.43 million if we extend that period to 3-months.

For GlycoMimetics Inc (GLYC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.

GlycoMimetics Inc (NASDAQ:GLYC) trade information

Upright in the green during last session for gaining 4.11%, in the last five days GLYC remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $0.26 price level, adding 5.45% to its value on the day. GlycoMimetics Inc’s shares saw a change of 4.82% in year-to-date performance and have moved 17.04% in past 5-day. GlycoMimetics Inc (NASDAQ:GLYC) showed a performance of 6.92% in past 30-days. Number of shares sold short was 2.46 million shares which calculate 9.85 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.18% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 96.61% while estimates for its earnings growth in next 5 years are of 62.95%.

GlycoMimetics Inc (NASDAQ:GLYC)’s Major holders

Insiders are in possession of 2.65% of company’s total shares while institution are holding 47.15 percent of that, with stock having share float percentage of 48.44%. Investors also watch the number of corporate investors in a company very closely, which is 47.15% institutions for GlycoMimetics Inc that are currently holding shares of the company. BVF INC/IL is the top institutional holder at GLYC for having 9.54 million shares of worth $2.69 million. And as of 2024-06-30, it was holding 14.8071 of the company’s outstanding shares.

The second largest institutional holder is ARTAL GROUP S.A., which was holding about 8.59 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.3252 of outstanding shares, having a total worth of $2.42 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.93 shares of worth $0.5 million or 2.98% of the total outstanding shares. The later fund manager was in possession of 730.6 shares on Dec 31, 2024 , making its stake of worth around $0.19 million in the company or a holder of 1.13% of company’s stock.