GlycoMimetics (NASDAQ:GLYC – Get Free Report) posted its quarterly earnings results on Thursday. The biotechnology company reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.05, Zacks reports.
GlycoMimetics Price Performance
Shares of NASDAQ GLYC opened at $0.29 on Friday. GlycoMimetics has a 52 week low of $0.14 and a 52 week high of $3.36. The company’s 50-day moving average price is $0.26 and its 200 day moving average price is $0.24.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of GlycoMimetics in a research note on Monday, February 10th. They issued a “sell” rating on the stock.
About GlycoMimetics
GlycoMimetics, Inc, a biotechnology company, focuses on the discovery and development of therapies for cancers and inflammatory diseases in the United States. It develops uproleselan, an E-selectin antagonist, which is used in combination with chemotherapy to treat acute myeloid leukemia (AML), as well as completed phase 3 trial to treat relapsed/refractory AML.
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