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Galecto Inc

Galecto Inc (GLTO)

4.66
-0.13
(-2.71%)
Closed 20 December 8:00AM
4.81
0.15
(3.22%)
After Hours: 11:36AM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
4.81
Bid
4.40
Offer
5.33
Volume
43,059
4.4006 Day's Range 5.0821
4.66 52 Week Range 23.50
Market Cap
Previous Close
4.79
Open
4.87
Last Trade
16
@
4.99
Last Trade Time
Financial Volume
US$ 201,776
VWAP
4.686
Average Volume (3m)
25,720
Shares Outstanding
1,316,989
Dividend Yield
-
PE Ratio
-0.16
Earnings Per Share (EPS)
-29.12
Revenue
-
Net Profit
-38.35M

About Galecto Inc

Galecto Inc is a clinical-stage biotechnology company developing therapeutics designed to target the biological processes that lie at the heart of fibrosis and impact a broad range of fibrotic and related diseases, including cancer. Its initial focus is on the development of small-molecule inhibitor... Galecto Inc is a clinical-stage biotechnology company developing therapeutics designed to target the biological processes that lie at the heart of fibrosis and impact a broad range of fibrotic and related diseases, including cancer. Its initial focus is on the development of small-molecule inhibitors of galectin-3 and lysyl oxidase-like 2, or LOXL2. Its product candidate GB0139 is for the treatment of severe fibrotic lung diseases such as idiopathic pulmonary fibrosis, or IPF, a life-threatening progressive fibrotic disease of the lung. Its product GB1211, a selective oral galectin-3 inhibitor for the treatment of fibrosis related to non-alcoholic steatohepatitis, or NASH, and GB2064, a selective oral inhibitor of LOXL2 that it initially plans to develop for the treatment of myelofibrosis. Show more

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
Galecto Inc is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker GLTO. The last closing price for Galecto was US$4.79. Over the last year, Galecto shares have traded in a share price range of US$ 4.66 to US$ 23.50.

Galecto currently has 1,316,989 shares in issue. The market capitalisation of Galecto is US$6.31 million. Galecto has a price to earnings ratio (PE ratio) of -0.16.

GLTO Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.54-10.09345794395.355.53844.66184815.14691441CS
4-1.04-17.77777777785.856.194.66196435.50465985CS
12-6.79-58.534482758611.612.44.66257207.28094033CS
26-7.4725-60.83859149212.282516.06754.6612989212.23153519CS
52-10.69-68.967741935515.523.54.6620340815.53164965CS
156-62.44-92.847583643167.2592.54.6618486927.98240297CS
260-389.44-98.7799619531394.25449.754.6622692375.52919736CS

GLTO - Frequently Asked Questions (FAQ)

What is the current Galecto share price?
The current share price of Galecto is US$ 4.81
How many Galecto shares are in issue?
Galecto has 1,316,989 shares in issue
What is the market cap of Galecto?
The market capitalisation of Galecto is USD 6.31M
What is the 1 year trading range for Galecto share price?
Galecto has traded in the range of US$ 4.66 to US$ 23.50 during the past year
What is the PE ratio of Galecto?
The price to earnings ratio of Galecto is -0.16
What is the reporting currency for Galecto?
Galecto reports financial results in USD
What is the latest annual profit for Galecto?
The latest annual profit of Galecto is USD -38.35M
What is the registered address of Galecto?
The registered address for Galecto is 1209 ORANGE STREET, WILMINGTON, DELAWARE, 19801
What is the Galecto website address?
The website address for Galecto is www.galecto.com
Which industry sector does Galecto operate in?
Galecto operates in the PHARMACEUTICAL PREPARATIONS sector

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GLTO Discussion

View Posts
Retire43 Retire43 2 months ago
GALT MENTIONED IN THIS ARTICLE.

https://www.zerohedge.com/news/2024-10-15/what-merck-doesnt-want-you-know-about-keytruda
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Retire43 Retire43 3 months ago
Please watch this and comment your opinion

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Monksdream Monksdream 3 months ago
GLTO under $15
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Retire43 Retire43 6 months ago
BIXT:

https://www.globenewswire.com/news-release/2024/06/27/2905450/0/en/Bioxytran-s-Advisor-Releases-Book-on-Hyperbaric-Oxygenation-Related-to-Stroke-Alzheimer-s-Patients.html
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Retire43 Retire43 7 months ago
Share this.


https://medicaldialogues.in/medicine/news/galectin-3-promising-biomarker-for-predicting-long-covid-among-patients-of-covid-19-study-129158
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Retire43 Retire43 7 months ago
Share this news with everyone, you know

https://www.insiderfinancial.com/post/playing-the-bird-flu-trade-cvac-bixt-nnvc-govx-dyai-nvax
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Retire43 Retire43 7 months ago
Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.

https://emerginggrowth.com/emerging-growth-conference-70/

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Retire43 Retire43 8 months ago
https://www.nasdaq.com/press-release/6-stocks-positioned-to-soar-as-investors-focus-on-mash-2024-04-22
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Retire43 Retire43 1 year ago
https://www.zerohedge.com/news/2023-12-12/disease-x-resistance-futile
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TrendTrade2016 TrendTrade2016 1 year ago
glto on the move
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subslover subslover 1 year ago
Galecto Announces Plans to Explore Strategic Alternatives
BOSTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Galecto, Inc. (NASDAQ: GLTO), a clinical-stage biotechnology company focused on the development of novel treatments for fibrosis and cancer, today announced that it has completed a review of its business, including the status of its programs, resources, and capabilities. Galecto has made the determination to conduct a comprehensive exploration of strategic alternatives focused on maximizing shareholder value.

As part of this evaluation process, Galecto will explore potential strategic alternatives that may include, but are not limited to, an acquisition, merger, business combination, divestiture of its assets, technologies or capabilities, or other transaction. There can be no assurance that its exploration will result in Galecto pursuing a transaction or that any transaction, if pursued, will be completed on attractive terms, if at all.

In connection with the evaluation of strategic alternatives, Galecto plans to implement a restructuring plan that includes reducing its workforce by approximately 29 people, or approximately 70% of its existing headcount.

Galecto has not set a timetable for completion of the evaluation process and does not intend to disclose further developments or guidance on the status of its programs unless and until it is determined that further disclosure is appropriate or necessary.

As of June 30, 2023, Galecto’s cash, cash equivalents and investments balance was $52.1 million.
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Retire43 Retire43 1 year ago
Please share this!

https://x.com/MikeSheikh2/status/1704381059411169763?s=20
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Retire43 Retire43 1 year ago
Look at this Reprint. Share this !

https://www.preprints.org/manuscript/202309.0077/v1
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Retire43 Retire43 1 year ago
https://www.zerohedge.com/news/2023-09-12/mask-mandates-unpopular-due-existence-next-gen-antivirals-pipeline
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Retire43 Retire43 1 year ago
Did anyone catch this today ?

H.C. Wainwright 25th Annual Global Investment Conference

Date: Monday, September 11, 2023
Time: 7:00 am ET
Location: New York City, NY
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Butchmass Butchmass 1 year ago
When is this company going to start doing more to publicize itself. They could be more up front and active with the share holders.
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Triple nickle Triple nickle 1 year ago
Added a few down here
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Monksdream Monksdream 1 year ago
Damn shame
Sold quite a while ago at a profit
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TheFinalCD TheFinalCD 1 year ago
$GLTO (.80) -65% Galecto to discontinue development of lung disease treatment
Reuters
Tue, August 15, 2023 at 7:35 AM EDT

Aug 15 (Reuters) - Galecto Inc said on Tuesday it will dicontinue development of its lung disease treatment after it failed to meet its primary goal in a mid-stage study. (Reporting by Sriparna Roy in Bengaluru; Editing by Arun Koyyur)

https://finance.yahoo.com/news/galecto-discontinue-development-lung-disease-113556937.html
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Monksdream Monksdream 1 year ago
GLTO now ;No 11; on the Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
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Monksdream Monksdream 1 year ago
GLTO new 52/week high
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
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Butchmass Butchmass 1 year ago
Monksdream, I hope we see considerable more traffic on this board soon. Earnings coming out 7/28/2023.
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Monksdream Monksdream 1 year ago
GLTO No 3 on the Barchart Top 10
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
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