NASDAQ:GLYC

GlycoMimetics - GLYC Stock Forecast, Price & News

$0.89

+0.09 (+11.24%)

(As of 08/10/2022 12:00 AM ET)

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Today's Range: $0.81
▼
$0.90
50-Day Range: $0.54
▼
$0.90
52-Week Range: $0.51
▼
$2.50

Volume: 219,616 shs
Average Volume: 126,473 shs
Market Capitalization: $46.68 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

GlycoMimetics MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 854.5% Upside
$8.50 Price Target
Short Interest: Healthy
1.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.55
Upright™ Environmental Score
News Sentiment: 0.67
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.24) to ($0.89) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.66 out of 5 stars

Medical Sector

220th out of 1,108 stocks

Pharmaceutical Preparations Industry

96th out of 542 stocks

3.5

Analyst's Opinion

Consensus Rating
GlycoMimetics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, GlycoMimetics has a forecasted upside of 854.5% from its current price of $0.89.
Amount of Analyst Coverage
GlycoMimetics has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.60% of the float of GlycoMimetics has been sold short.
Short Interest Ratio / Days to Cover
GlycoMimetics has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GlycoMimetics has recently decreased by 6.79%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

4.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
GlycoMimetics has received a 73.56% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Preclinical research services for physical health", "Clinical research services for physical health", and "Basic medical research services" products. See details.
Environmental Sustainability
The Environmental Impact score for GlycoMimetics is -0.55.

3.1

News and Social Media Coverage

News Sentiment
GlycoMimetics has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for GlycoMimetics this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GLYC on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
MarketBeat Follows
6 people have added GlycoMimetics to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GlycoMimetics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.00% of the stock of GlycoMimetics is held by insiders.
Percentage Held by Institutions
56.64% of the stock of GlycoMimetics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for GlycoMimetics are expected to grow in the coming year, from ($1.24) to ($0.89) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GlycoMimetics is -0.74, 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 GlycoMimetics is -0.74, 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
GlycoMimetics has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About GlycoMimetics (NASDAQ:GLYC) Stock

GlycoMimetics, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of novel glycomimetic drugs to address unmet medical needs resulting from diseases in the United States. It is developing uproleselan, an E-selectin inhibitor, which is used in combination with chemotherapy to treat acute myeloid leukemia (AML), as well as in phase 3 trial to treat relapsed/refractory AML. In addition, the company is developing GMI-1359, which targets e-selectin and a chemokine receptor for the treatment of cancers that affect the bone and bone marrow, including solid tumors. It also develops various other programs, including GMI-1687, an antagonist of E-selectin to treat vaso-occlusive crisis; and galectin-3 antagonists, a carbohydrate-binding protein. The company has a cooperative research and development agreement with the National Cancer Institute; and a collaboration and license agreement with Apollomics (Hong Kong) Limited for the development and commercialization of uproleselan and GMI-1687. GlycoMimetics, Inc. was incorporated in 2003 and is headquartered in Rockville, Maryland.

GlycoMimetics Trading Up 11.2 %

Shares of NASDAQ:GLYC opened at $0.89 on Thursday. The stock has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $0.87. The stock has a market capitalization of $46.68 million, a price-to-earnings ratio of -0.74 and a beta of 1.85. GlycoMimetics has a 12-month low of $0.51 and a 12-month high of $2.50.

Analyst Upgrades and Downgrades

GLYC has been the subject of a number of research analyst reports. StockNews.com initiated coverage on GlycoMimetics in a research note on Friday, August 5th. They issued a "hold" rating for the company. HC Wainwright lowered their target price on GlycoMimetics from $14.00 to $13.00 and set a "buy" rating for the company in a research note on Thursday, August 4th.

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GLYC Stock News Headlines

August 9, 2022 | finance.yahoo.com

PMV Pharmaceuticals Reports Second Quarter 2022 Financial Results and Corporate Highlights - Yahoo Finance

August 9, 2022 | nasdaq.com

What Makes GlycoMimetics (GLYC) a New Buy Stock - Nasdaq

August 9, 2022 | finance.yahoo.com

What Makes GlycoMimetics (GLYC) a New Buy Stock

August 8, 2022 | americanbankingnews.com

HC Wainwright Lowers GlycoMimetics (NASDAQ:GLYC) Price Target to $13.00

August 7, 2022 | americanbankingnews.com

GlycoMimetics (NASDAQ:GLYC) Now Covered by StockNews.com

August 5, 2022 | nasdaq.com

Investors in Mondelez International (NASDAQ:MDLZ) have made a respectable return of 66% over the past five years - Nasdaq

August 5, 2022 | nasdaq.com

Can GlycoMimetics (NASDAQ:GLYC) Afford To Invest In Growth? - Nasdaq

August 4, 2022 | globenewswire.com

Amicus Therapeutics Announces Second Quarter 2022 Financial Results - GlobeNewswire

August 3, 2022 | finance.yahoo.com

Government of Canada helps support healthy living behaviours for Indigenous communities in British Columbia - Yahoo Finance

August 3, 2022 | finance.yahoo.com

Enteris BioPharma Manufacturing Expertise Highlighted in Drug Development & Delivery Special Feature on Outsourcing Formulation Development & Manufacturing - Yahoo Finance

August 3, 2022 | investing.com

GlycoMimetics Tops Q2 EPS by 4c By Investing.com - Investing.com

August 3, 2022 | finance.yahoo.com

GlycoMimetics (GLYC) Q2 2022 Earnings Call Transcript

August 3, 2022 | ca.investing.com

GlycoMimetics Tops Q2 EPS by 4c By Investing.com - Investing.com Canada

August 3, 2022 | benzinga.com

Recap: GlycoMimetics Q2 Earnings - Benzinga

August 3, 2022 | uk.investing.com

GlycoMimetics Tops Q2 EPS by 4c By Investing.com - Investing.com UK

August 3, 2022 | greenwichtime.com

GlycoMimetics: Q2 Earnings Snapshot - Greenwich Time

August 3, 2022 | businesswire.com

GlycoMimetics Reports Highlights and Financial Results for Second Quarter 2022 - Business Wire

August 3, 2022 | finance.yahoo.com

GlycoMimetics Reports Highlights and Financial Results for Second Quarter 2022

July 30, 2022 | americanbankingnews.com

GlycoMimetics (NASDAQ:GLYC) Coverage Initiated at StockNews.com

July 27, 2022 | finance.yahoo.com

GlycoMimetics to Report Second Quarter Financial Results on August 3, 2022

July 23, 2022 | americanbankingnews.com

GlycoMimetics (NASDAQ:GLYC) Research Coverage Started at StockNews.com

July 20, 2022 | americanbankingnews.com

GlycoMimetics (NASDAQ:GLYC) Share Price Passes Below Two Hundred Day Moving Average of $0.93

July 18, 2022 | finance.yahoo.com

Here's Why GlycoMimetics (NASDAQ:GLYC) Must Use Its Cash Wisely

July 12, 2022 | marketwatch.com

Sickle Cell Anemia Therapeutics Market 2022 Global Industry Size, Growth, Segments, Revenue, Manufacturers and 2028 Forecast Research Report

June 21, 2022 | bloomberg.com

Metastatic Castration-Sensitive Prostate Cancer Market to Reach Upto USD 5.5 billion by 2032 | DelveInsight - Bloomberg

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GLYC Company Calendar

Last Earnings: 11/02/2021
Today: 8/11/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:GLYC
CUSIP: N/A
CIK: 1253689
Web: www.glycomimetics.com
Phone: (240) 243-1201
Fax: 301-738-2137
Employees: 52
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.50
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +349.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-63,430,000.00
Net Margins: N/A
Pretax Margin: -34,819.44%
Return on Equity: -83.03%
Return on Assets: -71.87%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.85
Quick Ratio: 6.85

Sales & Book Value

Annual Sales: $1.16 million
Price / Sales: 40.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.06 per share
Price / Book: 0.84

Miscellaneous

Outstanding Shares: 52,420,000
Free Float: 48,230,000
Market Cap: $46.68 million
Optionable: Optionable
Beta: 1.85

Key Executives

Mr. Harout Semerjian (Age 52)
CEO, Pres & Director
Comp: $481.96k
Mr. Brian M. Hahn (Age 48)
Sr. VP & CFO
Comp: $804.38k
Dr. John L. Magnani (Age 69)
Sr. VP of Research & Chief Scientific Officer
Comp: $803.16k
Ms. Stephanie R. Irish (Age 51)
VP of Accounting
Mr. Christian Dinneen-Long
VP, Corp. Counsel & Corp. Sec.
Mr. Armand Girard (Age 53)
Chief Bus. Officer and Sr. VP of Strategy & Corp. Devel.
Mr. Bruce Johnson
Sr. VP & Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GLYC Stock - Frequently Asked Questions

Should I buy or sell GlycoMimetics stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GlycoMimetics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLYC shares.
View GLYC analyst ratings or view top-rated stocks.
What is GlycoMimetics' stock price forecast for 2022?: 2 brokers have issued 12 month target prices for GlycoMimetics' shares. Their GLYC share price forecasts range from $4.00 to $13.00. On average, they anticipate the company's stock price to reach $8.50 in the next year. This suggests a possible upside of 854.5% from the stock's current price.
View analysts price targets for GLYC or view top-rated stocks among Wall Street analysts.
How have GLYC shares performed in 2022?: GlycoMimetics' stock was trading at $1.44 at the beginning of the year. Since then, GLYC shares have decreased by 38.2% and is now trading at $0.8905.
View the best growth stocks for 2022 here.
When is GlycoMimetics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our GLYC earnings forecast.

How were GlycoMimetics' earnings last quarter?: GlycoMimetics, Inc. (NASDAQ:GLYC) posted its quarterly earnings results on Tuesday, November, 2nd. The biotechnology company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.32) by $0.02. The biotechnology company had revenue of $0.09 million for the quarter. During the same period in the previous year, the company earned ($0.29) EPS.
What other stocks do shareholders of GlycoMimetics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GlycoMimetics investors own include Exelixis (EXEL), TG Therapeutics (TGTX), Viking Therapeutics (VKTX), Cidara Therapeutics (cdtx), Celldex Therapeutics (CLDX), Dynavax Technologies (DVAX), Spectrum Pharmaceuticals (SPPI), Coherus BioSciences (CHRS), Verastem (VSTM) and Aldeyra Therapeutics (ALDX).
What is GlycoMimetics' stock symbol?: GlycoMimetics trades on the NASDAQ under the ticker symbol "GLYC."
How do I buy shares of GlycoMimetics?: Shares of GLYC stock 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 GlycoMimetics' stock price today?: One share of GLYC stock can currently be purchased for approximately $0.89.
How much money does GlycoMimetics make?: GlycoMimetics (NASDAQ:GLYC) has a market capitalization of $46.68 million and generates $1.16 million in revenue each year. The biotechnology company earns $-63,430,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis.
How can I contact GlycoMimetics?: GlycoMimetics' mailing address is 9708 MEDICAL CENTER DRIVE, ROCKVILLE MD, 20850. The official website for the company is www.glycomimetics.com. The biotechnology company can be reached via phone at (240) 243-1201, via email at sannes@annesassociates.com, or via fax at 301-738-2137.

This page (NASDAQ:GLYC) was last updated on 8/11/2022 by MarketBeat.com Staff

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GlycoMimetics - GLYC Stock Forecast, Price & News

GlycoMimetics MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About GlycoMimetics (NASDAQ:GLYC) Stock

GlycoMimetics Trading Up 11.2 %

Analyst Upgrades and Downgrades

GLYC Stock News Headlines

GLYC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GLYC Stock - Frequently Asked Questions

Should I buy or sell GlycoMimetics stock right now?

What is GlycoMimetics' stock price forecast for 2022?

How have GLYC shares performed in 2022?

When is GlycoMimetics' next earnings date?

How were GlycoMimetics' earnings last quarter?

What other stocks do shareholders of GlycoMimetics own?

What is GlycoMimetics' stock symbol?

How do I buy shares of GlycoMimetics?

What is GlycoMimetics' stock price today?

How much money does GlycoMimetics make?

How can I contact GlycoMimetics?

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