while the 36-month beta value is 0.97.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Galmed Pharmaceuticals Ltd (GLMD) is $4.00, which is $3.57 above the current market price. The public float for GLMD is 3.55M, and currently, short sellers hold a 0.31% ratio of that floaft. The average trading volume of GLMD on November 21, 2023 was 66.48K shares.

GLMD) stock’s latest price update

Galmed Pharmaceuticals Ltd (NASDAQ: GLMD)’s stock price has soared by 6.68 in relation to previous closing price of 0.41. Nevertheless, the company has seen a gain of 23.03% in its stock price over the last five trading days. InvestorPlace reported 2023-07-13 that Galmed Pharmaceuticals (NASDAQ: GLMD ) stock is on the move Thursday after the company priced a public offering of its shares. Galmed Pharmaceuticals intends to offer up 6,578,947 shares of GLMD stock at a price of $2.28 per share.

GLMD’s Market Performance

GLMD’s stock has risen by 23.03% in the past week, with a monthly rise of 4.05% and a quarterly drop of -48.66%. The volatility ratio for the week is 7.08% while the volatility levels for the last 30 days are 8.44% for Galmed Pharmaceuticals Ltd. The simple moving average for the past 20 days is 10.70% for GLMD’s stock, with a -87.14% simple moving average for the past 200 days.

Analysts’ Opinion of GLMD

Many brokerage firms have already submitted their reports for GLMD stocks, with B. Riley FBR repeating the rating for GLMD by listing it as a “Neutral.” The predicted price for GLMD in the upcoming period, according to B. Riley FBR is $8 based on the research report published on May 22, 2020 of the previous year 2020.

GLMD Trading at -11.24% from the 50-Day Moving Average

After a stumble in the market that brought GLMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.94% of loss for the given period.

Volatility was left at 8.44%, however, over the last 30 days, the volatility rate increased by 7.08%, as shares surge +5.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.64% lower at present.

During the last 5 trading sessions, GLMD rose by +23.03%, which changed the moving average for the period of 200-days by -95.92% in comparison to the 20-day moving average, which settled at $0.3935. In addition, Galmed Pharmaceuticals Ltd saw -94.21% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for GLMD

The total capital return value is set at -79.88, while invested capital returns managed to touch -80.85. Equity return is now at value -73.00, with -61.93 for asset returns.

Based on Galmed Pharmaceuticals Ltd (GLMD), the company’s capital structure generated 0.33 points at debt to equity in total, while total debt to capital is 0.33. Total debt to assets is 0.27, with long-term debt to equity ratio resting at 0.33. Finally, the long-term debt to capital ratio is 0.33.

The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.

Conclusion

In a nutshell, Galmed Pharmaceuticals Ltd (GLMD) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.