Currently, Galecto Inc [GLTO] is trading at $23.58, up 36.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GLTO shares have gain 295.64% over the last week, with a monthly amount glided 84.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, SVB Leerink started tracking the stock with Outperform rating on November 23, 2020, and set its price target to $27. On November 23, 2020, Credit Suisse initiated with a Outperform rating and assigned a price target of $29 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $21 on November 23, 2020.
This stock has fluctuated between a low of $2.01 and a high of $31.70 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Galecto Inc [NASDAQ: GLTO] shares were valued at $23.58 at the most recent close of the market. An investor can expect a potential drop of -57.59% based on the average GLTO price forecast.
Analyzing the GLTO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -1.48, Equity is -1.31 and Total Capital is -2.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 14.52 points at the first support level, and at 5.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.12, and for the 2nd resistance point, it is at 42.66.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Galecto Inc [NASDAQ:GLTO] is 3.73. Also, the Quick Ratio is 3.73, while the Cash Ratio stands at 2.9.
Transactions by insiders
Recent insider trading involved Schambye Hans T., Chief Executive Officer, that happened on Jul 03 ’25 when 735.0 shares were sold. General Counsel, Winslow Garrett completed a deal on Jul 03 ’25 to sell 260.0 shares. Meanwhile, Interim CFO Firmani Lori sold 147.0 shares on Jul 03 ’25.
