GlycoMimetics Inc (NASDAQ:GLYC) price on Thursday, May 09,fall -0.13% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.30.
A look at the stock’s price movement, the close in the last trading session was $0.30. Turning to its 52-week performance, $3.53 and $0.27 were the 52-week high and 52-week low respectively. Overall, GLYC moved -87.84% over the past month.
GlycoMimetics Inc’s market cap currently stands at around $19.21 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GLYC is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
GLYC’s current price about -82.45% and -87.41% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 20.47, while 7-day volatility ratio is 17.21% and 12.63% in the 30-day chart. Further, GlycoMimetics Inc (GLYC) has a beta value of 2.25, and an average true range (ATR) of 0.26.
If we refocus on GlycoMimetics Inc (NASDAQ:GLYC), historical trading data shows that trading volumes averaged 1.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 64.39 million shares.
The 9.39% of GlycoMimetics Inc’s shares are in the hands of company insiders while institutional holders own 47.58% of the company’s shares. Current price change has pushed the stock -87.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GLYC stock continues to rise going into the next quarter.
