The Question Is Whether To Buy Or Not To Buy Galera Therapeutics Inc (NASDAQ: GRTX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Galera Reports Third Quarter 2023 Financial Results and Recent Corporate Updates.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Galera Therapeutics Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. At the end of the last regular session, the stock closed at $0.21 and fluctuated between $0.2385 as its day high and $0.2000 as its day low. The current market capitalization of Galera Therapeutics Inc is $11.46M. A total of 3.26 million shares were traded on the day, compared to an average of 3.97M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, GRTX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 0 SELLs from insiders. Insiders purchased 121,000 shares during that period but sold 0.

In the most recent transaction, Bachleda Mark bought 11,000 shares of GRTX for 2.25 per share on Mar 16. After the transaction, the Chief Commercial Officer now owns 11,000 company shares. In a previous transaction on Mar 13, Degnan Chris bought 10,000 shares at 1.96 per share. GRTX shares that Chief Financial Officer owns now total 10,000.

Among the insiders who bought shares, Sorensen Mel acquired of 100,000 shares on Mar 10 at a per-share price of $1.68. This resulted in the President and CEO holding 332,044 shares of GRTX after the transaction.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GRTX has a high of $3.59 and a low of $0.09.

As of this writing, GRTX has an earnings estimate of -$0.35 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.35 per share and a lower estimate of -$0.35. The company reported an EPS of -$0.48 in the last quarter, which was -26.30% lower than expectations of -$0.38.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GRTX’s latest balance sheet shows that the firm has $71.22M in Cash & Short Term Investments as of fiscal 2021. There were $302.00k in debt and $12.94M in liabilities at the time. Its Book Value Per Share was -$2.36, while its Total Shareholder’s Equity was -$58.00M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GRTX is Buy with a score of 3.00.

Most Popular

Related Posts