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Should Biotechnology Stock Galecto Inc (GLTO) Be in Your Portfolio Tuesday?

Tuesday, January 31, 2023 03:55 PM | InvestorsObserver Analysts

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Should Biotechnology Stock Galecto Inc (GLTO) Be in Your Portfolio Tuesday?

A rating of 72 puts Galecto Inc (GLTO) near the top of the Biotechnology industry according to InvestorsObserver. Galecto Inc's score of 72 means it scores higher than 72% of stocks in the industry. Galecto Inc also received an overall rating of 60, putting it above 60% of all stocks. Biotechnology is ranked 40 out of the 148 industries.

Overall Score - 60
GLTO has an Overall Score of 60. Find out what this means to you and get the rest of the rankings on GLTO!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 60 means the stock is more attractive than 60 percent of stocks.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Galecto Inc Stock Today?

Galecto Inc (GLTO) stock is trading at $2.30 as of 3:52 PM on Tuesday, Jan 31, an increase of $0.06, or 2.68% from the previous closing price of $2.24. The stock has traded between $2.08 and $2.40 so far today. Volume today is 70,915 compared to average volume of 69,319. Click Here to get the full Stock Report for Galecto Inc stock.

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