company background image
GLTO logo

Galecto NasdaqCM:GLTO Stock Report

Last Price

US$0.70

Market Cap

US$18.5m

7D

1.9%

1Y

-63.3%

Updated

23 Apr, 2024

Data

Company Financials +

GLTO Stock Overview

Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflammation, and other related diseases.

GLTO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Galecto, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Galecto
Historical stock prices
Current Share PriceUS$0.70
52 Week HighUS$3.70
52 Week LowUS$0.50
Beta1.25
1 Month Change-10.63%
3 Month Change11.56%
1 Year Change-63.32%
3 Year Change-88.15%
5 Year Changen/a
Change since IPO-95.33%

Recent News & Updates

Is Galecto (NASDAQ:GLTO) In A Good Position To Invest In Growth?

Jan 10
Is Galecto (NASDAQ:GLTO) In A Good Position To Invest In Growth?

Recent updates

Is Galecto (NASDAQ:GLTO) In A Good Position To Invest In Growth?

Jan 10
Is Galecto (NASDAQ:GLTO) In A Good Position To Invest In Growth?

Here's Why Galecto (NASDAQ:GLTO) Must Use Its Cash Wisely

May 17
Here's Why Galecto (NASDAQ:GLTO) Must Use Its Cash Wisely

Will Galecto (NASDAQ:GLTO) Spend Its Cash Wisely?

Feb 01
Will Galecto (NASDAQ:GLTO) Spend Its Cash Wisely?

Galecto’s GB1211 to be studied for phase 2 trial in combination with pembrolizumab to treat cancer

Oct 19

Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation

Oct 19
Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation

Galecto GAAP EPS of -$0.67 beats by $0.02

Jul 29

We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate

Jun 30
We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate

Is Galecto (NASDAQ:GLTO) In A Good Position To Deliver On Growth Plans?

Mar 10
Is Galecto (NASDAQ:GLTO) In A Good Position To Deliver On Growth Plans?

Galecto: Selling At Cash Value

Dec 19

We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate

Nov 18
We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate

Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation

Jul 07
Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation

Galecto EPS misses by $0.07

May 04

We Think Galecto (NASDAQ:GLTO) Can Afford To Drive Business Growth

Mar 23
We Think Galecto (NASDAQ:GLTO) Can Afford To Drive Business Growth

Do Institutions Own Galecto, Inc. (NASDAQ:GLTO) Shares?

Jan 29
Do Institutions Own Galecto, Inc. (NASDAQ:GLTO) Shares?

Galecto EPS misses by $41.65

Dec 11

Shareholder Returns

GLTOUS BiotechsUS Market
7D1.9%-2.5%-3.2%
1Y-63.3%-3.7%19.3%

Return vs Industry: GLTO underperformed the US Biotechs industry which returned -3.7% over the past year.

Return vs Market: GLTO underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is GLTO's price volatile compared to industry and market?
GLTO volatility
GLTO Average Weekly Movement10.5%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: GLTO's share price has been volatile over the past 3 months.

Volatility Over Time: GLTO's weekly volatility has decreased from 16% to 10% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201113Hans Schambyegalecto.com

Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflammation, and other related diseases. The company’s lead product candidate is GB2064, which is in Phase IIa for the treatment of myelofibrosis. It also develops GB2064, a selective oral small molecule inhibitor of LOXL2 that is in Phase 2a clinical trial for the treatment of fibrotic diseases, including cancer and myelofibrosis; and GB1211, a selective oral galectin-3 inhibitor that is in Phase IIa for the treatment of cancer, as well as in Phase Ib/IIa for fibrosis.

Galecto, Inc. Fundamentals Summary

How do Galecto's earnings and revenue compare to its market cap?
GLTO fundamental statistics
Market capUS$18.46m
Earnings (TTM)-US$38.35m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLTO income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$38.35m
Earnings-US$38.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.41
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GLTO perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.