How to Buy Galectin Therapeutics Stock
Galectin Therapeutics Inc
Galectin Therapeutics Inc. , a clinical stage biopharmaceutical company, engages in the research and development of therapies for fibrotic, cancer, and other diseases.
Galectin Therapeutics stock last closed at $3.38, up 0% from the previous day, and has increased 70.71% in one year. It has overperformed other stocks in the Biotechnology industry by 0.97 percentage points. Galectin Therapeutics stock is currently +164.06% from its 52-week low of $1.28, and -20.81% from its 52-week high of $4.27.
At the moment, there are 61.9M GALT shares outstanding. The market capitalization of GALT is $209.23M. In the past 24 hours, 146,616 GALT shares were traded.
How to Buy Galectin Therapeutics Stock
Not sure how to invest in Galectin Therapeutics stock? Here's how.
- Figure out where to buy Galectin Therapeutics stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Galectin Therapeutics stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your information.
- Analyze Galectin Therapeutics stock: The Galectin Therapeutics ticker symbol is GALT. Is Galectin Therapeutics stock a good investment? Should you buy shares of GALT? How do GALT's underlying business fundamentals look? Do top analysts think Galectin Therapeutics is a good buy? Why has GALT's stock price moved recently? (Hint: Our stock research website can help you figure out if GALT is a good stock to buy).
- Place your GALT buy order: Decide if you will purchase GALT shares at the current market price or use a limit order to purchase GALT stock at a given price.
- Keep tabs on your investment in GALT: Create a watchlist to get the latest news on your new investment in Galectin Therapeutics stock.
Step 1: Figure out where to buy Galectin Therapeutics stock
You need a brokerage account in order to access the NASDAQ market and buy GALT stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can buy GALT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on mobile trading apps, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Analyze Galectin Therapeutics stock
Once you have selected the best place to buy Galectin Therapeutics stock, it's very important to analyze their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Galectin Therapeutics quick stats
Galectin Therapeutics Fundamentals
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on GALT's stock page.
How is GALT stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GALT's true value.
You can do additional valuation analysis on GALT's stock here.
A look at GALT Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the GALT balance sheet.
Negative Financial Indicators:
- GALT debt to equity ratio of -1.43 is negative.
- Total GALT debt is still negative.
- There are more long-term liabilities than short-term assets on the GALT balance sheet.
- GALT has $25.66M in cash and short term investments. This is not enough to cover its annual cash burn of $32.97M.
- GALT has cash burn of 32965000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy GALT stock, according to analysts?
Out of 1 Equities analysts who give recommendations on GALT, the consensus analyst rating on GALT is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Galectin Therapeutics stock forecast page.
Metrics for Advanced GALT Traders
Latest Insiders Trades at GALT
In the last 12 months, insiders at GALT have bought more shares than they have sold.
Joel Lewis, President and CEO of GALT, was the latest GALT insider to sell. They sold $299,064.64 worth of GALT shares on Mar 1, 2024.
Learn more about who owns GALT shares here.
Can I get consistent income from GALT stock?
No, Galectin Therapeutics doesn't provide an income stream by paying out dividends.
What do other investors have to say about GALT?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your GALT buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in GALT
Now that you own some GALT stock, you'll want to stay up-to-date on your new investment.
Put GALT on a watchlist to keep track of your GALT stock.
GALT Feed
How to Buy Stock in Galectin Therapeutics
To reiterate, here are the 6 steps you need to take to buy Galectin Therapeutics stock right now:
- Figure out where to buy Galectin Therapeutics stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Galectin Therapeutics stock
- Place your GALT buy order
- Keep tabs on your investment in GALT
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Galectin Therapeutics, create your watchlist below.
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