NASDAQ:GLMD

Galmed Pharmaceuticals Stock Forecast, Price & News

$3.97

-0.14 (-3.41 %)

(As of 02/26/2021 12:00 AM ET)

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Today's Range

$3.90

Now: $3.97▼

$4.27

50-Day Range

$3.37

MA: $4.09▼

$5.40

52-Week Range

$2.96

Now: $3.97▼

$6.29

Volume285,672 shs

Average Volume459,105 shs

Market Capitalization$83.82 million

P/E RatioN/A

Dividend YieldN/A

Beta2.3

Galmed Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of liver diseases. It develops Aramchol, an oral therapy, which is in ARREST Phase III pivotal study for the treatment of non-alcoholic steato-hepatitis (NASH) in patients with overweight or obesity, and who are pre-diabetic or type-II-diabetes mellitus. The company also evaluates Aramchol through ARRIVE Study, a proof-of-concept Phase IIa clinical trial, with HIV-associated non-alcoholic fatty liver disease and lipodystrophy. Galmed Pharmaceuticals Ltd. has a research agreement with Gannex Pharma Co., Ltd. to develop a combination therapy of ASC41 (THR-beta agonist) and Aramchol (SCD 1 inhibitor) for the treatment of NASH; and a research and development collaboration agreement with MyBiotics Pharma Ltd. to identify the selected microbiome repertoire associated with the response to Aramchol. The company was founded in 2000 and is headquartered in Tel Aviv-Yafo, Israel.

Headlines

Galmed Pharmaceuticals Announces Proposed Offering of Ordinary Shares
February 16, 2021 | finance.yahoo.com

Galmed Pharmaceuticals Announces Pricing of $10 Million Public Offering of Ordinary Shares
February 16, 2021 | finance.yahoo.com

These 2 Penny Stocks Could Rack up Triple-Digit Gains, Say Analysts
February 11, 2021 | finance.yahoo.com

Are Institutions Heavily Invested In Galmed Pharmaceuticals Ltd.'s (NASDAQ:GLMD) Shares?
February 4, 2021 | finance.yahoo.com

Galmed Pharmaceuticals Announces Upcoming Publication in JHEP Reports of New Data Supporting Aramchol's Novel Anti-Fibrotic Mechanism of Action
January 26, 2021 | finance.yahoo.com

Galmed Hosting KOL Symposium and Pipeline Update
January 19, 2021 | finance.yahoo.com

Galmed to add Open Label Part to ARMOR Study; First Read-out Expected in Q4 2021
December 17, 2020 | prnewswire.com

Is Galmed Pharmaceuticals Ltd (GLMD) A Good Stock To Buy?
December 4, 2020 | finance.yahoo.com

Galmed Pharmaceuticals Ltd. (GLMD) CEO Allen Baharaff on Q3 2020 Results - Earnings Call Transcript
November 12, 2020 | seekingalpha.com

Galmed Pharmaceuticals Ltd. to Host Earnings Call
November 12, 2020 | finance.yahoo.com

Galmed Pharmaceuticals Reports Third Quarter 2020 Financial Results
November 12, 2020 | finance.yahoo.com

Galmed and MyBiotics to Collaborate in Development of Bespoke Microbiome Signature for Aramchol
November 9, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Pharmaceutical preparations

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:GLMD

Previous Symbol

CUSIPN/A

CIK1595353

Webwww.galmedpharma.com

Phone972-3693-8448

Employees17

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio9.81

Quick Ratio9.81

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.04 million

Price / Sales41.09

Cash FlowN/A

Price / Cash FlowN/A

Book Value$3.30 per share

Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)($0.97)

Net Income$-20,460,000.00

Net MarginsN/A

Return on Equity-43.28%

Return on Assets-39.33%

Miscellaneous

Outstanding Shares21,113,000

Market Cap$83.82 million

Next Earnings Date3/11/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.34 out of 5 stars

Medical Sector

671st out of 1,960 stocks

Pharmaceutical Preparations Industry

331st out of 771 stocks

3.4 Analyst's Opinion

Consensus Rating
Galmed Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, Galmed Pharmaceuticals has a forecasted upside of 391.2% from its current price of $3.97.
Amount of Analyst Coverage
Galmed Pharmaceuticals has only been the subject of 1 research reports in the past 90 days.

3.3 Community Rank

Outperform Votes
Galmed Pharmaceuticals has received 434 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Galmed Pharmaceuticals has received 233 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Galmed Pharmaceuticals has received 65.07% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Galmed Pharmaceuticals and other stocks. Vote “Outperform” if you believe GLMD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GLMD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Galmed Pharmaceuticals does not currently pay a dividend.
Dividend Growth
Galmed Pharmaceuticals does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Galmed Pharmaceuticals insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 31.53% of the stock of Galmed Pharmaceuticals is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Galmed Pharmaceuticals are expected to decrease in the coming year, from ($1.27) to ($1.49) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Galmed Pharmaceuticals is -3.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Galmed Pharmaceuticals is -3.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Galmed Pharmaceuticals has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$3.97

-0.14 (-3.41 %)

(As of 02/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Galmed Pharmaceuticals (NASDAQ:GLMD) Frequently Asked Questions

Is Galmed Pharmaceuticals a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Galmed Pharmaceuticals in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Galmed Pharmaceuticals stock.
View analyst ratings for Galmed Pharmaceuticals or view top-rated stocks.

What stocks does MarketBeat like better than Galmed Pharmaceuticals?

Wall Street analysts have given Galmed Pharmaceuticals a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Galmed Pharmaceuticals wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Galmed Pharmaceuticals?

Galmed Pharmaceuticals saw a increase in short interest in January. As of January 29th, there was short interest totaling 37,800 shares, an increase of 49.4% from the January 14th total of 25,300 shares. Based on an average trading volume of 155,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.
View Galmed Pharmaceuticals' Short Interest.

When is Galmed Pharmaceuticals' next earnings date?

Galmed Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Galmed Pharmaceuticals.

How were Galmed Pharmaceuticals' earnings last quarter?

Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) released its earnings results on Thursday, November, 12th. The biopharmaceutical company reported ($0.32) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.32).
View Galmed Pharmaceuticals' earnings history.

How has Galmed Pharmaceuticals' stock price been impacted by Coronavirus (COVID-19)?

Galmed Pharmaceuticals' stock was trading at $4.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GLMD shares have decreased by 5.7% and is now trading at $3.97.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for GLMD?

8 Wall Street analysts have issued 12 month target prices for Galmed Pharmaceuticals' shares. Their forecasts range from $8.00 to $33.00. On average, they anticipate Galmed Pharmaceuticals' share price to reach $19.50 in the next year. This suggests a possible upside of 391.2% from the stock's current price.
View analysts' price targets for Galmed Pharmaceuticals or view top-rated stocks among Wall Street analysts.

Who are Galmed Pharmaceuticals' key executives?

Galmed Pharmaceuticals' management team includes the following people:

Mr. Allen Baharaff, Co-Founder, CEO, Pres & Director (Age 56, Pay $784.86k)
Mr. Yohai Stenzler, CFO & Controller (Age 38, Pay $155.34k)
Mr. Guy Nehemya, Chief Operating Officer (Age 36, Pay $165.43k)
Dr. Liat Hayardeny, Chief Scientific Officer (Age 54, Pay $242.52k)
Dr. Tali Gorfine, Chief Medical Officer (Age 51, Pay $242.28k)
Ms. Yael Hollander, VP of Legal Affairs & Strategy (Age 38)

Who are some of Galmed Pharmaceuticals' key competitors?

Some companies that are related to Galmed Pharmaceuticals include CymaBay Therapeutics (CBAY), Immunic (IMUX), Nature's Sunshine Products (NATR), Arbutus Biopharma (ABUS), Ampio Pharmaceuticals (AMPE), TFF Pharmaceuticals (TFFP), Evofem Biosciences (EVFM), NextCure (NXTC), Theratechnologies (THTX), BELLUS Health (BLU), Alpine Immune Sciences (ALPN), Sernova (SEOVF), Kamada (KMDA), MediciNova (MNOV) and Xeris Pharmaceuticals (XERS).
View all of GLMD's competitors.

What other stocks do shareholders of Galmed Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Galmed Pharmaceuticals investors own include OPKO Health (OPK), Viking Therapeutics (VKTX), SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), Rite Aid (RAD), Exelixis (EXEL), Ocular Therapeutix (OCUL), TG Therapeutics (TGTX), TherapeuticsMD (TXMD) and Corbus Pharmaceuticals (CRBP).

What is Galmed Pharmaceuticals' stock symbol?

Galmed Pharmaceuticals trades on the NASDAQ under the ticker symbol "GLMD."

Who are Galmed Pharmaceuticals' major shareholders?

Galmed Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ibex Investors LLC (7.22%), Baker BROS. Advisors LP (0.88%), Renaissance Technologies LLC (0.55%) and Squarepoint Ops LLC (0.10%).

Which major investors are selling Galmed Pharmaceuticals stock?

GLMD stock was sold by a variety of institutional investors in the last quarter, including Baker BROS. Advisors LP, and Squarepoint Ops LLC.

Which major investors are buying Galmed Pharmaceuticals stock?

GLMD stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, and Ibex Investors LLC.

How do I buy shares of Galmed Pharmaceuticals?

Shares of GLMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Galmed Pharmaceuticals' stock price today?

One share of GLMD stock can currently be purchased for approximately $3.97.

How much money does Galmed Pharmaceuticals make?

Galmed Pharmaceuticals has a market capitalization of $83.82 million and generates $2.04 million in revenue each year. The biopharmaceutical company earns $-20,460,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis.

How many employees does Galmed Pharmaceuticals have?

Galmed Pharmaceuticals employs 17 workers across the globe.

What is Galmed Pharmaceuticals' official website?

The official website for Galmed Pharmaceuticals is www.galmedpharma.com.

Where are Galmed Pharmaceuticals' headquarters?

Galmed Pharmaceuticals is headquartered at 16 TIOMKIN STREET, TEL AVIV L3, 6578317.

How can I contact Galmed Pharmaceuticals?

Galmed Pharmaceuticals' mailing address is 16 TIOMKIN STREET, TEL AVIV L3, 6578317. The biopharmaceutical company can be reached via phone at 972-3693-8448 or via email at [email protected]

This page was last updated on 2/28/2021 by MarketBeat.com Staff

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