Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) is -47.65% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $23.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GLMD stock was last observed hovering at around $1.57 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $1.67, the stock is 17.07% and -9.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 60.17 million and changing 6.37% at the moment leaves the stock -48.30% off its SMA200. GLMD registered -65.21% loss for a year compared to 6-month loss of -63.22%. The firm has a 50-day simple moving average (SMA 50) of $1.85306 and a 200-day simple moving average (SMA200) of $3.229985.
The stock witnessed a -0.60% gain in the last 1 month and extending the period to 3 months gives it a -41.61%, and is 19.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.94% over the week and 14.73% over the month.
Galmed Pharmaceuticals Ltd (GLMD) has around 6 employees, a market worth around $3.78M and $0.00M in sales. Distance from 52-week low is 38.02% and -92.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.04%).
The EPS is expected to grow by 64.49% this year.
Galmed Pharmaceuticals Ltd (GLMD) Top Institutional Holders
14.0 institutions hold shares in Galmed Pharmaceuticals Ltd (GLMD), with institutional investors hold 2.12% of the company’s shares. The shares outstanding are 2.26M, and float is at 2.22M with Short Float at 4.34%. Institutions hold 2.06% of the Float.
Galmed Pharmaceuticals Ltd (GLMD) Insider Activity
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