Galectin Therapeutics Inc.

Galectin Therapeutics Inc.verified

GALT

Price:

$2.525

Market Cap:

$157.25M

Galectin Therapeutics Inc., a clinical stage biopharmaceutical company, engages in the research and development of therapies for fibrotic, cancer, and other diseases. The company's lead product candidate is belapectin (GR-MD-02) galectin-3 inhibitor, a galactoarabino-rhamnogalacturonan polysaccharide polymer that is in Phase III clinical trial for the treatment of liver fibrosis associated with fatty liver disease and non-alcoholic steatohepatitis cirrhosis, as well as for the treatment of cancer. It also engages in developing GM-CT-01, which is in pre-clinical development stage for the treatment of cardiac and vascular fibrosis, as well as focuses on developing belapectin for the treatment ...[Read more]

Industry

Biotechnology

IPO Date

2002-09-04

Stock Exchange

NASDAQ

Ticker

GALT

The Current Ratio as of November 2024 (TTM) for Galectin Therapeutics Inc. (GALT) is 1.87

According to Galectin Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.87. This represents a change of -3.07% compared to the average of 1.93 of the last 4 quarters.

Galectin Therapeutics Inc. (GALT) Historical Current Ratio (quarterly & annually)

How has GALT Current Ratio performed in the past?

The mean historical Current Ratio of Galectin Therapeutics Inc. over the last ten years is 7.70. The current 1.87 Current Ratio has changed 2.32% with respect to the historical average. Over the past ten years (40 quarters), GALT's Current Ratio was at its highest in in the September 2019 quarter at 41.51. The Current Ratio was at its lowest in in the December 2017 quarter at 1.29.

Quarterly (TTM)
Annual

Average

7.70

Median

4.41

Minimum

1.29

Maximum

19.41

Galectin Therapeutics Inc. (GALT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galectin Therapeutics Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 308.03%

Maximum Annual Current Ratio = 19.41

Minimum Annual Increase = -78.48%

Minimum Annual Current Ratio = 1.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.7711.92%
20221.58-65.88%
20214.63-15.17%
20205.46-68.08%
201917.10308.03%
20184.19225.61%
20171.29-69.20%
20164.18-78.48%
201519.4111.45%
201417.42305.15%

Galectin Therapeutics Inc. (GALT) Average Current Ratio

How has GALT Current Ratio performed in the past?

The current Current Ratio of Galectin Therapeutics Inc. (GALT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.66

5-year avg

6.11

10-year avg

7.70

Galectin Therapeutics Inc. (GALT) Current Ratio vs. Peers

How is GALT’s Current Ratio compared to its peers?

Galectin Therapeutics Inc.’s Current Ratio is less than Madrigal Pharmaceuticals, Inc. (5.98), less than Viking Therapeutics, Inc. (36.47), less than Sarepta Therapeutics, Inc. (3.90), less than Hepion Pharmaceuticals, Inc. (5.62), less than PTC Therapeutics, Inc. (2.23), less than Intercept Pharmaceuticals, Inc. (4.22), less than Terns Pharmaceuticals, Inc. (21.02), less than Akero Therapeutics, Inc. (24.89), less than Reata Pharmaceuticals, Inc. (3.21), less than DiaMedica Therapeutics Inc. (17.82), less than Milestone Pharmaceuticals Inc. (19.13), greater than Seres Therapeutics, Inc. (1.38), less than Inhibikase Therapeutics, Inc. (2.32), less than Oncolytics Biotech Inc. (4.99), less than 89bio, Inc. (13.92), less than Pliant Therapeutics, Inc. (14.47), less than Arcellx, Inc. (6.01), less than Stoke Therapeutics, Inc. (6.67),

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