Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . Galmed Pharmaceuticals shares last traded at $0.5850, with a volume of 70,973 shares changing hands. Get Galmed Pharmaceuticals alerts:Get Our Latest Stock Report on Galmed PharmaceuticalsGalmed Pharmaceuticals Stock PerformanceHedge Funds Weigh In On Galmed PharmaceuticalsThe company has a fifty day simple moving average of $0.58 and a two-hundred day simple moving average of $0.62. A hedge fund recently bought a new stake in Galmed Pharmaceuticals stock. Citadel Advisors LLC owned about 3.05% of Galmed Pharmaceuticals at the end of the most recent quarter.