Galecto Inc

Company Profile

Galecto Inc had its IPO on 2020-10-29 under the ticker symbol GLTO.

The company operates in the Healthcare sector and Biotechnology industry. Galecto Inc has a staff strength of 45 employees.

Stock update

Shares of Galecto Inc opened at $0.56 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.56 - $0.67, and closed at $0.64.

This is a +12.28% increase from the previous day's closing price.

A total volume of 1,145,208 shares were traded at the close of the day’s session.

In the last one week, shares of Galecto Inc have increased by +8.47%.

Galecto Inc's Key Ratios

Galecto Inc has a market cap of $16.13 million, indicating a price to book ratio of 0.5276 and a price to sales ratio of 0.

In the last 12-months Galecto Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-51736000. The EBITDA ratio measures Galecto Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Galecto Inc’s operating margin was 0% while its return on assets stood at -42.69% with a return of equity of -80.05%.

In Q2, Galecto Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Galecto Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Galecto Inc’s profitability.

Galecto Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0.4917. Its price to sales ratio in the trailing 12-months stood at 0.

Galecto Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$58.80 million

Total Liabilities

$14.90 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Galecto Inc ended 2024 with $58.80 million in total assets and $0 in total liabilities. Its intangible assets were valued at $58.80 million while shareholder equity stood at $43.70 million.

Galecto Inc ended 2024 with $0 in deferred long-term liabilities, $14.90 million in other current liabilities, in common stock, $-241474000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $22.96 million and cash and short-term investments were $52.12 million. The company’s total short-term debt was $420,000 while long-term debt stood at $0.

Galecto Inc’s total current assets stands at $55.36 million while long-term investments were $0.00 and short-term investments were $29.17 million. Its net receivables were $1.19 million compared to accounts payable of $5.56 million and inventory worth $1.89 million.

In 2024, Galecto Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Galecto Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.64

52-Week High

$3.7

52-Week Low

$0.545

Analyst Target Price

$4.75

Galecto Inc stock is currently trading at $0.64 per share. It touched a 52-week high of $3.7 and a 52-week low of $3.7. Analysts tracking the stock have a 12-month average target price of $4.75.

Its 50-day moving average was $1.82 and 200-day moving average was $1.96 The short ratio stood at 0.47 indicating a short percent outstanding of 0%.

Around 445.1% of the company’s stock are held by insiders while 3913.3% are held by institutions.