In the last trading session, 1.94 million Galectin Therapeutics Inc (NASDAQ:GALT) shares changed hands as the company’s beta touched 0.70. With the company’s per share price at $2.33 changed hands at -$0.02 or -0.85% during last session, the market valuation stood at $147.47M. GALT’s last price was a discount, traded about -67.38% off its 52-week high of $3.90. The share price had its 52-week low at $0.73, which suggests the last value was 68.67% up since then. When we look at Galectin Therapeutics Inc’s average trading volume, we note the 10-day average is 2.64 million shares, with the 3-month average coming to 543.01K.
Galectin Therapeutics Inc (NASDAQ:GALT) trade information
Instantly GALT was in red as seen at the end of in last trading. With action -3.72%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 4.48%, with the 5-day performance at -3.72% in the red. However, in the 30-day time frame, Galectin Therapeutics Inc (NASDAQ:GALT) is 80.62% up. Looking at the short shares, we see there were 8.95 million shares sold at short interest cover period of 56.27 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -23.89%. The 2025 estimates are for Galectin Therapeutics Inc earnings to increase by 11.84%, but the outlook for the next 5-year period is at 5.57% per year.
GALT Dividends
Galectin Therapeutics Inc is expected to release its next quarterly earnings report on 2025-May-15.
Galectin Therapeutics Inc (NASDAQ:GALT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 30.44% of Galectin Therapeutics Inc shares while 15.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 22.68%. There are 15.78% institutions holding the Galectin Therapeutics Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.4002% of the shares, roughly 2.12 million GALT shares worth $4.78 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 2.5128% or 1.56 million shares worth $3.53 million as of 2024-06-30.