GlycoMimetics Inc [GLYC] stock prices are up 4.11% to $0.26 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GLYC shares have gain 17.04% over the last week, with a monthly amount glided 6.92%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen downgraded its rating to Hold on July 26, 2024. On December 22, 2023, CapitalOne initiated with a Overweight rating and assigned a price target of $12 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $4 on November 12, 2021. ROTH Capital initiated its recommendation with a Buy and recommended $12 as its price target on November 14, 2019. SunTrust downgraded its rating to Hold for this stock on August 05, 2019, and downed its price target to $5. In a note dated August 05, 2019, Piper Jaffray downgraded an Neutral rating on this stock and revised its target price from $20 to $6.
The stock price of GlycoMimetics Inc [GLYC] has been fluctuating between $0.14 and $1.93 over the past year. GlycoMimetics Inc [NASDAQ: GLYC] shares were valued at $0.26 at the most recent close of the market.
Analyzing the GLYC fundamentals
The GlycoMimetics Inc [NASDAQ:GLYC] reported sales of 0.00M for trailing twelve months, representing a drop of -100.00%. To continue investigating profitability, this company’s Return on Assets is posted at -3.42, Equity is -2.31 and Total Capital is -7.54. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 0.2478 points at the first support level, and at 0.2346 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2746, and for the 2nd resistance point, it is at 0.2882.
Ratios To Look Out For
It’s worth pointing out that GlycoMimetics Inc [NASDAQ:GLYC]’s Current Ratio is 1.92. On the other hand, the Quick Ratio is 1.92, and the Cash Ratio is 1.86.
Transactions by insiders
Recent insider trading involved Invus Public Equities, L.P., 10% Owner, that happened on Aug 08 ’24 when 0.26 million shares were sold. 10% Owner, Invus Public Equities, L.P. completed a deal on Aug 07 ’24 to sell 61488.0 shares. Meanwhile, 10% Owner Invus Public Equities, L.P. sold 0.16 million shares on Aug 05 ’24.
