Galmed Pharmaceuticals (NASDAQ:GLMD) is scheduled to post its quarterly earnings results before the market opens on Monday, November 5th. Analysts expect Galmed Pharmaceuticals to post earnings of ($0.14) per share for the quarter.
Galmed Pharmaceuticals (NASDAQ:GLMD) last issued its quarterly earnings data on Thursday, August 2nd. The biopharmaceutical company reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.01). Galmed Pharmaceuticals had a negative net margin of 1,072.44% and a negative return on equity of 36.66%. The company had revenue of $0.27 million during the quarter, compared to the consensus estimate of $0.27 million. On average, analysts expect Galmed Pharmaceuticals to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of GLMD stock traded up $0.34 during trading on Tuesday, reaching $9.04. The company had a trading volume of 3,135 shares, compared to its average volume of 154,076. Galmed Pharmaceuticals has a one year low of $3.61 and a one year high of $27.06. The company has a market capitalization of $140.63 million, a price-to-earnings ratio of -9.03 and a beta of 2.64.
Galmed Pharmaceuticals Company Profile
Galmed Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of liver diseases. The company is develops Aramchol, an oral therapy, which is in ARREST study, a Phase IIb clinical study for the treatment of patients with overweight or obesity, and who are pre-diabetic or type-II-diabetic with non-alcoholic steato-hepatitis.
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