A share price of Sol-Gel Technologies Ltd [SLGL] is currently trading at $1.65, up 284.62%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SLGL shares have gain 254.15% over the last week, with a monthly amount glided 247.30%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sol-Gel Technologies Ltd [NASDAQ: SLGL] stock has seen the most recent analyst activity on August 19, 2024, when Raymond James downgraded its rating to a Outperform and also revised its price target to $4 from $6. On December 31, 2019, JMP Securities reiterated its Mkt Outperform rating and revised its price target to $33 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $26 on December 31, 2019.
Sol-Gel Technologies Ltd experienced fluctuations in its stock price throughout the past year between $0.33 and $1.58. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Sol-Gel Technologies Ltd [NASDAQ: SLGL] shares were valued at $1.65 at the most recent close of the market. An investor can expect a potential return of 1172.73% based on the average SLGL price forecast.
Analyzing the SLGL fundamentals
Trailing Twelve Months sales for Sol-Gel Technologies Ltd [NASDAQ:SLGL] were 11.71M which represents 2416.90% growth. Gross Profit Margin for this corporation currently stands at -0.02% with Operating Profit Margin at -0.97%, Pretax Profit Margin comes in at -0.82%, and Net Profit Margin reading is -0.82%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.27 and Total Capital is -0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. However, for the 1st resistance point, the stock is sitting at 2.0650, and for the 2nd resistance point, it is at 2.4800.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sol-Gel Technologies Ltd [NASDAQ:SLGL] is 5.81. Further, the Quick Ratio stands at 5.81, while the Cash Ratio is 2.05. Considering the valuation of this stock, the price to sales ratio is 3.83, the price to book ratio is 1.32.
