It’s Not Over Yet For Galecto Inc (NASDAQ: GLTO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Galecto Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Galecto Inc is $6.48M. A total of 0.62 million shares were traded on the day, compared to an average of 239.51K shares.

In the most recent transaction, Winslow Garrett sold 471 shares of GLTO for 5.60 per share on Jan 03 ’25. After the transaction, the General Counsel now owns 1,009 company shares. In a previous transaction on Jan 03 ’25, Firmani Lori sold 261 shares at 5.63 per share. GLTO shares that Interim CFO owns now total 465.

Among the insiders who sold shares, Schambye Hans T. disposed of 1,341 shares on Jan 03 ’25 at a per-share price of $5.60. This resulted in the Chief Executive Officer holding 3,397 shares of GLTO after the transaction.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GLTO has a high of $21.06 and a low of $3.76.

As of this writing, GLTO has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GLTO’s latest balance sheet shows that the firm has $100.19M in Cash & Short Term Investments as of fiscal 2021. There were $847.00k in debt and $4.54M in liabilities at the time. Its Book Value Per Share was $10.99, while its Total Shareholder’s Equity was $117.22M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GLTO is Buy with a score of 3.67.

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