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Galecto NasdaqCM:GLTO Stock Report

Last Price

US$0.61

Market Cap

US$16.5m

7D

-3.5%

1Y

-72.2%

Updated

31 May, 2024

Data

Company Financials +

GLTO Stock Overview

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$0.61
52 Week HighUS$3.70
52 Week LowUS$0.50
Beta1.27
1 Month Change-10.60%
3 Month Change-25.85%
1 Year Change-72.24%
3 Year Change-87.54%
5 Year Changen/a
Change since IPO-95.95%

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
7D-3.5%-1.2%-1.2%
1Y-72.2%4.7%21.5%

Return vs Industry: GLTO underperformed the US Biotechs industry which returned 4.7% over the past year.

Return vs Market: GLTO underperformed the US Market which returned 21.5% over the past year.

Price Volatility

Is GLTO's price volatile compared to industry and market?
GLTO volatility
GLTO Average Weekly Movement9.5%
Biotechs Industry Average Movement10.7%
Market Average Movement5.8%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

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 15% to 9% over the past year.

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$16.54m
Earnings (TTM)-US$30.83m
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$30.83m
Earnings-US$30.83m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.14
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GLTO perform over the long term?

See historical performance and comparison
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