GlycoMimetics, Inc. (GLYC)

NASDAQ: GLYC · IEX Real-Time Price · USD
1.710
-0.145 (-7.82%)
At close: Apr 25, 2024, 4:00 PM
1.780
+0.070 (4.09%)
After-hours: Apr 25, 2024, 6:48 PM EDT
-7.82%
Market Cap 110.21M
Revenue (ttm) 10,000
Net Income (ttm) -36.90M
Shares Out 64.45M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 546,113
Open 1.800
Previous Close 1.855
Day's Range 1.690 - 1.810
52-Week Range 1.110 - 3.530
Beta 2.19
Analysts Strong Buy
Price Target 10.00 (+484.8%)
Earnings Date May 6, 2024

About GLYC

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. The company also develops various other programs, including GMI-1687, an antagonist of E-selectin to treat vaso-occlusive crisis; and GMI-2093, a galectin-3 carbohydrate-binding protei... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jan 10, 2014
Employees 35
Stock Exchange NASDAQ
Ticker Symbol GLYC
Full Company Profile

Financial Performance

In 2023, GlycoMimetics's revenue was $10,000, a decrease of -86.67% compared to the previous year's $75,000. Losses were -$36.90 million, -20.97% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GLYC stock is "Strong Buy." The 12-month stock price forecast is $10.0, which is an increase of 484.80% from the latest price.

Price Target
$10.0
(484.80% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GlycoMimetics to Report First Quarter 2024 Financial Results on May 9, 2024

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report first quarter 2024 financial results on Thursday, May 9, ...

15 hours ago - Business Wire

GlycoMimetics Reports Highlights and Financial Results for Fourth Quarter and Full Year 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

4 weeks ago - Business Wire

GlycoMimetics to Report Fourth Quarter and 2023 Full Year Financial Results on March 27, 2024

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report fourth quarter and 2023 full year financial results on We...

6 weeks ago - Business Wire

GlycoMimetics to Participate in Upcoming Cowen 44th Annual Health Care Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) announced today that Harout Semerjian, Chief Executive Officer, will participate in the Leukemia Panel at the Cowen 44th Annual Heal...

2 months ago - Business Wire

GlycoMimetics Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (the “Company”) (NASDAQ:GLYC) today announced that the Compensation Committee of the Company's Board of Directors approved the grant on February 6,...

2 months ago - Business Wire

GlycoMimetics Announces Positive Initial Safety and Pharmacokinetic Results from Phase 1a Healthy Volunteer Study of GMI-1687

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

4 months ago - Business Wire

GlycoMimetics Announces Independent Presentations on Uproleselan at American Society of Hematology Annual Meeting including New Clinical Data in Treated Secondary Acute Myeloid Leukemia

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

4 months ago - Business Wire

GlycoMimetics to Participate in Upcoming Jefferies London Healthcare Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) today announced that Harout Semerjian, Chief Executive Officer, will participate in a fireside chat at the Jefferies London Healthca...

6 months ago - Business Wire

GlycoMimetics Reports Highlights and Financial Results for Third Quarter 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

6 months ago - Business Wire

GlycoMimetics to Report Third Quarter 2023 Financial Results on November 3, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report third quarter 2023 financial results on Friday, November ...

6 months ago - Business Wire

GlycoMimetics Announces First Cohort Dosed in Human Phase 1a Study of GMI-1687

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

8 months ago - Business Wire

GlycoMimetics to Participate in Upcoming H.C. Wainwright 25th Annual Global Investment Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) today announced that Harout Semerjian, Chief Executive Officer, will present at the H.C. Wainwright 25th Annual Global Investment Co...

8 months ago - Business Wire

GlycoMimetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (the “Company”) (NASDAQ:GLYC) today announced that the Compensation Committee of the Company's Board of Directors approved the grant on August 14 ,...

9 months ago - Business Wire

GlycoMimetics Reports Highlights and Financial Results for Second Quarter 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

9 months ago - Business Wire

GlycoMimetics to Report Second Quarter 2023 Financial Results on August 2, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report second quarter 2023 financial results on Wednesday, Augus...

10 months ago - Business Wire

GlycoMimetics Announces Its Addition to the Russell Microcap® Index

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory di...

10 months ago - Business Wire

GlycoMimetics Announces U.S. Food and Drug Administration Clears Addition of Time-based Final Analysis to Pivotal Phase 3 Study of Uproleselan in Relapsed/Refractory Acute Myeloid Leukemia

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory dis...

11 months ago - Business Wire

GlycoMimetics to Participate in Upcoming Jefferies 2023 Healthcare Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) today announced that Harout Semerjian, Chief Executive Officer, will participate in a fireside chat at the Jefferies Healthcare Conf...

11 months ago - Business Wire

GlycoMimetics Reports Highlights and Financial Results for First Quarter 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory dis...

1 year ago - Business Wire

GlycoMimetics to Report First Quarter 2023 Financial Results on May 3, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report first quarter 2023 financial results on Wednesday, May 3,...

1 year ago - Business Wire

GlycoMimetics Reports Highlights and Financial Results for Fourth Quarter and Year-end 2022

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory dis...

1 year ago - Business Wire

GlycoMimetics to Report Fourth Quarter and 2022 Full Year Financial Results on March 29, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), today announced that it will host a conference call and webcast to report fourth quarter and 2022 full year financial results on We...

1 year ago - Business Wire

GlycoMimetics to Participate in Upcoming Cowen 43rd Annual Health Care Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) today announced that Harout Semerjian, Chief Executive Officer, will participate in the Leukemia Panel at the Cowen 43rd Annual Heal...

1 year ago - Business Wire

GlycoMimetics Announces Continuation of Phase 3 Study of E-selectin Antagonist Uproleselan in Relapsed/Refractory AML to Originally Planned Final Analysis Following Interim Analysis by Independent Data Monitoring Committee

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC) today announced the independent Data Monitoring Committee (DMC) reviewed the interim utility analysis of its Phase 3 study of uprole...

1 year ago - Business Wire

GlycoMimetics Announces New Uproleselan Clinical Data in Both Frontline Unfit and Treated Secondary Acute Myeloid Leukemia presented at ASH Annual Meeting

ROCKVILLE, Md.--(BUSINESS WIRE)--GlycoMimetics, Inc. (Nasdaq: GLYC), a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory ...

1 year ago - Business Wire