Galecto Inc (NASDAQ:GLTO) Is 36.19% Above Its 52-Week Low, But How Long Can It Continue?

In recent trading session, Galecto Inc (NASDAQ:GLTO) saw 0.93 million shares changing hands at last check today with its beta currently measuring 1.30. Company’s recent per share price level of $3.15 trading at $0.24 or 8.19% at last check today assigns it a market valuation of $4.17M. That most recent trading price of GLTO’s stock is at a discount of -411.75% from its 52-week high price of $16.12 and is indicating a premium of 36.19% from its 52-week low price of $2.01.

For Galecto Inc (GLTO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. 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. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Galecto Inc (NASDAQ:GLTO) trade information

Upright in the green today for gaining 8.19%, in the last five days GLTO remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $3.15 price level, adding 4.55% to its value on the day. Galecto Inc’s shares saw a change of -32.18% in year-to-date performance and have moved 14.89% in past 5-day. Galecto Inc (NASDAQ:GLTO) showed a performance of 32.50% in past 30-days.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 68.5% to its recent value today. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -217.46% in reaching the projected high whereas dropping to the targeted low would mean a loss of -217.46% for stock’s current value.

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 14.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 21.75% while estimates for its earnings growth in next 5 years are of -17.40%.

Galecto Inc (NASDAQ:GLTO)’s Major holders

NOVO HOLDINGS A/S is the top institutional holder at GLTO for having 2.5 million shares of worth $1.18 million. And as of 2024-06-30, it was holding 9.2126 of the company’s outstanding shares.

The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 0.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.1366 of outstanding shares, having a total worth of $0.27 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity 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 8.51 shares of worth $26374.0 or 0.64% of the total outstanding shares. The later fund manager was in possession of 5.22 shares on Mar 31, 2025 , making its stake of worth around $16188.0 in the company or a holder of 0.39% of company’s stock.

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