How to buy Galecto stock - 19 April

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How to buy Galecto stock

Own Galecto stock in just a few minutes.

Galecto, Inc is a biotechnology business based in the US. Galecto shares (GLTO) are listed on the NASDAQ and all prices are listed in US Dollars. Galecto employs 28 staff and has a market cap (total outstanding shares value) of USD0.00.

How to buy shares in Galecto

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Galecto. Find the stock by name or ticker symbol: GLTO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Galecto reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Galecto, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Galecto. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Galecto share price

Use our graph to track the performance of GLTO stocks over time.

Galecto shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$5.77 - USD$17.99
50-day moving average USD$7.9884
200-day moving average USD$12.0748
Wall St. target priceUSD$15.75
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Galecto stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Galecto financials

Gross profit TTM USD$0
Return on assets TTM -18.43%
Return on equity TTM -32.56%
Profit margin 0%
Book value N/A
Market capitalisation USD$154.6 million

TTM: trailing 12 months

Shorting Galecto shares

There are currently 71,413 Galecto shares held short by investors – that's known as Galecto's "short interest". This figure is 49% up from 47,924 last month.

There are a few different ways that this level of interest in shorting Galecto shares can be evaluated.

Galecto's "short interest ratio" (SIR)

Galecto's "short interest ratio" (SIR) is the quantity of Galecto shares currently shorted divided by the average quantity of Galecto shares traded daily (recently around 43544.512195122). Galecto's SIR currently stands at 1.64. In other words for every 100,000 Galecto shares traded daily on the market, roughly 1640 shares are currently held short.

To gain some more context, you can compare Galecto's short interest ratio against those of similar companies.

However Galecto's short interest can also be evaluated against the total number of Galecto shares, or, against the total number of tradable Galecto shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Galecto's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Galecto shares in existence, roughly 0 shares are currently held short) or 0.0042% of the tradable shares (for every 100,000 tradable Galecto shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Galecto.

Find out more about how you can short Galecto stock.

Galecto share dividends

We're not expecting Galecto to pay a dividend over the next 12 months.

You may also wish to consider:

Galecto overview

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 GB0139, an inhaled inhibitor of galectin-3 that is in Phase IIb clinical trial for the treatment of severe fibrotic lung diseases, such as idiopathic pulmonary fibrosis, a life-threatening progressive fibrotic disease of the lung. Its products also comprise GB2064, which is in Phase I/IIa for the treatment of myelofibrosis; and GB1211, a selective oral galectin-3 inhibitor that is in Phase I/IIa for the treatment of cancer and fibrosis. Galecto, Inc. was founded in 2011 and is headquartered in Copenhagen, Denmark. .

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