On Monday, GlycoMimetics Inc (NASDAQ: GLYC) opened lower -9.34% from the last session, before settling in for the closing price of $0.32. Price fluctuations for GLYC have ranged from $0.14 to $3.53 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -53.76%. With a float of $57.07 million, this company’s outstanding shares have now reached $64.39 million.
The extent of productivity of a business whose workforce counts for 35 workers is very important to gauge. In terms of profitability, gross margin is -403.4%, operating margin of -422975.22%, and the pretax margin is -397355.49%.
GlycoMimetics Inc (GLYC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of GlycoMimetics Inc is 11.50%, while institutional ownership is 37.47%. The most recent insider transaction that took place on Aug 08 ’24, was worth 50,009. In this transaction 10% Owner of this company sold 260,873 shares at a rate of $0.19, taking the stock ownership to the 6,317,565 shares. Before that another transaction happened on Aug 07 ’24, when Company’s 10% Owner sold 61,488 for $0.18, making the entire transaction worth $11,197. This insider now owns 6,578,438 shares in total.
GlycoMimetics Inc (GLYC) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.15) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
GlycoMimetics Inc (NASDAQ: GLYC) Trading Performance Indicators
Check out the current performance indicators for GlycoMimetics Inc (GLYC). In the past quarter, the stock posted a quick ratio of 3.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1833.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62
Technical Analysis of GlycoMimetics Inc (GLYC)
The latest stats from [GlycoMimetics Inc, GLYC] show that its last 5-days average volume of 2.69 million was inferior to 7.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.36%. Additionally, its Average True Range was 0.05.
During the past 100 days, GlycoMimetics Inc’s (GLYC) raw stochastic average was set at 29.96%, which indicates a significant increase from 7.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.01% in the past 14 days, which was lower than the 190.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2532, while its 200-day Moving Average is $0.9310. Now, the first resistance to watch is $0.3116. This is followed by the second major resistance level at $0.3360. The third major resistance level sits at $0.3543. If the price goes on to break the first support level at $0.2689, it is likely to go to the next support level at $0.2506. The third support level lies at $0.2262 if the price breaches the second support level.
GlycoMimetics Inc (NASDAQ: GLYC) Key Stats
There are currently 64,484K shares outstanding in the company with a market cap of 18.34 million. Presently, the company’s annual sales total 10 K according to its annual income of -36,900 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -9,820 K.
