GlycoMimetics, Inc. GLYC was a big mover last session, as the company saw its shares rise over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company since Jun 3, as the stock is now down nearly 19%.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GlycoMimetics currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Another favorably placed stock in the Biotechnology industry is Eisai Co., Ltd. ESALY, sporting a Zacks Rank #1 (Strong Buy).
Is GLYC going up? Or down? Predict to see what others think: Up or Down
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