Galectin Therapeutics Inc.

Galectin Therapeutics Inc.verified

GALT

Price:

$2.67

Market Cap:

$175.84M

Galectin Therapeutics Inc. is a biopharmaceutical company in the clinical development phase, dedicated to discovering and advancing new therapies for a spectrum of illnesses, including fibrotic disorders and various cancers. The company's flagship therapeutic agent is belapectin (GR-MD-02), an inhibitor of galectin-3, which is a complex polysaccharide polymer. This compound is currently undergoing Phase III clinical trials, assessing its effectiveness in treating liver scarring linked to fatty liver disease and non-alcoholic steatohepatitis (NASH) cirrhosis, alongside its potential for cancer treatment. Beyond belapectin, Galectin Therapeutics is progressing GM-CT-01 through preclinical stag...[Read more]

Industry

Biotechnology

IPO Date

2002-09-04

Stock Exchange

NASDAQ

Ticker

GALT

The Current Ratio as of June 2026 (TTM) for Galectin Therapeutics Inc. (GALT) is 2.15

According to Galectin Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.15. This represents a change of 40.97% compared to the average of 1.52 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 4.31. The current 2.15 Current Ratio has changed 4.88% 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 March 2025 quarter at 0.08.

Quarterly (TTM)
Annual

Average

4.31

Median

3.30

Minimum

0.49

Maximum

17.10

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 = 396.78%

Maximum Annual Current Ratio = 17.10

Minimum Annual Increase = -78.48%

Minimum Annual Current Ratio = 0.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.42396.78%
20240.49-72.44%
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%

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 greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.56

5-year avg

2.18

10-year avg

4.31

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 I-Mab (8.09), less than DiaMedica Therapeutics Inc. (9.11), less than Design Therapeutics, Inc. (22.28), less than Rocket Pharmaceuticals, Inc. (6.12), less than Aura Biosciences, Inc. (7.09), less than Alpha Tau Medical Ltd. (7.79), less than enGene Holdings Inc. (11.75), less than LB Pharmaceuticals Inc Common Stock (35.68), less than Altimmune, Inc. (29.56), less than Quantum-Si incorporated (12.60),

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