Galectin Therapeutics: Time To Exit [Seeking Alpha]
Galectin Therapeutics Inc. (GALT)
Last galectin therapeutics inc. earnings: 11/12 08:00 am
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US:NASDAQ Investor Relations:
investor.galectintherapeutics.com/investor-relations
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Source: Seeking Alpha
Galectin Therapeutics: Time To ExitSummaryGalectin's critical phase 2b NASH-CX trial failed to achieve it's primary endpoint, sending their stock price tumbling down.Despite Galectin's attempt at spinning the data, the bottom line is that the trial was a failure.From a financial perspective, Galectin is pressed for cash and needs to find a way to raise more money to continue operations.We believe that there is an imminent risk of shareholder dilution, which would send the stock price down even more.Even if you believe in GR-MD-02 potential for patients with no varices, it is better to sell and then reopen your position after their funding issue is resolved.
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High impacting Galectin Therapeutics Inc. news events
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GALT
News
- Galectin Therapeutics Inc. (NASDAQ: GALT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $11.00 price target on the stock.MarketBeat
- Galectin Therapeutics Reports the Positive Outcome of the Fifth Data and Safety Monitoring Board Meeting for NAVIGATE Phase 2b/3 Study of Belapectin in Patients with Cirrhotic Portal Hypertension Caused by Metabolic Dysfunction-Associated SteatoHepatitis Acquire Media Monitor
- Galectin Therapeutics Reports the Positive Outcome of the Fifth Data and Safety Monitoring Board Meeting for NAVIGATE Phase 2b/3 Study of Belapectin in Patients with Cirrhotic Portal Hypertension Caused by Metabolic Dysfunction-Associated SteatoHepatitisGlobeNewswire
- Galectin Therapeutics Inc. (NASDAQ: GALT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Galectin Therapeutics Inc. (NASDAQ: GALT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $11.00 price target on the stock.MarketBeat
GALT
Earnings
- 11/13/23 - Miss
GALT
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 5
- 4/25/24 - Form 4
- GALT's page on the SEC website