GlycoMimetics Inc [GLYC] stock prices are up 13.89% to $0.32 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GLYC shares have gain 4.48% over the last week, with a monthly amount glided 29.56%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GlycoMimetics Inc [NASDAQ: GLYC] stock has seen the most recent analyst activity on December 22, 2023, when CapitalOne initiated its Overweight rating and assigned the stock a price target of $12. Previously, Jefferies upgraded its rating to Buy on November 12, 2021, and elevated its price target to $4. On November 14, 2019, ROTH Capital initiated with a Buy rating and assigned a price target of $12 on the stock. SunTrust downgraded its rating to a Hold and decreased its price target to $5 on August 05, 2019. Piper Jaffray downgraded its rating to a Neutral and reduced its price target to $6 on August 05, 2019. Jefferies downgraded its rating to Hold for this stock on August 05, 2019. In a note dated April 12, 2019, Piper Jaffray initiated an Overweight rating and provided a target price of $20 on this stock.
The stock price of GlycoMimetics Inc [GLYC] has been fluctuating between $0.23 and $3.53 over the past year. GlycoMimetics Inc [NASDAQ: GLYC] shares were valued at $0.32 at the most recent close of the market.
Analyzing the GLYC fundamentals
Gross Profit Margin for this corporation currently stands at -56.37% with Operating Profit Margin at -984313.2%, Pretax Profit Margin comes in at -3727.73%, and Net Profit Margin reading is -3727.76%. To continue investigating profitability, this company’s Return on Assets is posted at -1.09, Equity is -0.88 and Total Capital is -340.47. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2926 points at the first support level, and at 0.2613 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3426, and for the 2nd resistance point, it is at 0.3613.
Ratios To Look Out For
It’s worth pointing out that GlycoMimetics Inc [NASDAQ:GLYC]’s Current Ratio is 6.28. In addition, the Quick Ratio stands at 6.28 and the Cash Ratio stands at 5.91. Considering the valuation of this stock, the price to sales ratio is 2087.86, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved Rock Edwin, Chief Medical Officer, that happened on Jun 21 ’24 when 0.12 million shares were purchased. Chief Medical Officer, Rock Edwin completed a deal on Jun 20 ’24 to buy 0.19 million shares. Meanwhile, SVP Finance, CFO Hahn Brian M. bought 17500.0 shares on Jun 18 ’24.
