GlycoMimetics (NASDAQ:GLYC – Get Rating) is set to post its quarterly earnings results before the market opens on Thursday, April 28th. Analysts expect GlycoMimetics to post earnings of ($0.31) per share for the quarter.
GlycoMimetics (NASDAQ:GLYC – Get Rating) last announced its quarterly earnings data on Thursday, March 3rd. The biotechnology company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.02). The firm had revenue of $0.02 million for the quarter. During the same quarter in the prior year, the business posted ($0.32) earnings per share. On average, analysts expect GlycoMimetics to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of GLYC traded down $0.01 during trading hours on Tuesday, reaching $0.90. The stock had a trading volume of 122,952 shares, compared to its average volume of 211,612. GlycoMimetics has a 12 month low of $0.82 and a 12 month high of $2.83. The firm has a 50-day simple moving average of $1.10 and a 200 day simple moving average of $1.42. The company has a market capitalization of $46.92 million, a price-to-earnings ratio of -0.73 and a beta of 1.82.
Separately, StockNews.com began coverage on GlycoMimetics in a research note on Saturday. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $5.08.
GlycoMimetics Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on GlycoMimetics (GLYC)
- What To Make Of Activision Blizzard (NASDAQ: ATVI)
- Whirlpool Is A Steal At These Prices
- Kimberly-Clark Pops On Successful Price Pass-Through
- Synchrony Financial Stock is Ready to Slingshot Back Up
- Why These 3 Stocks Matter Most in the Dow
Receive News & Ratings for GlycoMimetics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GlycoMimetics and related companies with MarketBeat.com's FREE daily email newsletter.