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Elicio Therapeutics Elects New Directors at Annual Meeting

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Elicio Therapeutics ( (ELTX) ) has issued an update.

On May 19, 2025, Elicio Therapeutics, Inc. held its annual meeting of stockholders, where two key proposals were voted on. The stockholders elected Karen Wilson and Robert R. Ruffolo, Jr., Ph.D., FCPP, as directors for three-year terms and ratified the appointment of Baker Tilly US, LLP as the company’s independent registered public accounting firm for the fiscal year ending 2025.

The most recent analyst rating on (ELTX) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Elicio Therapeutics stock, see the ELTX Stock Forecast page.

Spark’s Take on ELTX Stock

According to Spark, TipRanks’ AI Analyst, ELTX is a Underperform.

Elicio Therapeutics faces significant financial challenges, with negative revenue growth and poor margins being the primary concerns. Technical analysis indicates bearish momentum, while the valuation aspect shows limited appeal. However, recent positive corporate events, such as leadership changes and clinical advancements, provide some optimism for future potential, albeit with high risk.

To see Spark’s full report on ELTX stock, click here.

More about Elicio Therapeutics

Average Trading Volume: 38,785

Technical Sentiment Signal: Sell

Current Market Cap: $93.42M

For an in-depth examination of ELTX stock, go to TipRanks’ Stock Analysis page.

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