At the time of writing, Sol-Gel Technologies Ltd [SLGL] stock is trading at $1.23, up 17.70%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLGL shares have gain 12.84% over the last week, with a monthly amount glided 141.18%, 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.
For the past year, the stock price of Sol-Gel Technologies Ltd fluctuated between $0.33 and $1.65. 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 $1.23 at the most recent close of the market. An investor can expect a potential return of 1607.32% based on the average SLGL price forecast.
Analyzing the SLGL fundamentals
According to Sol-Gel Technologies Ltd [NASDAQ:SLGL], the company’s sales were 11.71M for trailing twelve months, which represents an 2416.90% jump. 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. The company’s stock is currently sitting at 1.1033 points at the first support level, and at 0.9767 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3333, and for the 2nd resistance point, it is at 1.4367.
Ratios To Look Out For
It is important to note that Sol-Gel Technologies Ltd [NASDAQ:SLGL] has a current ratio of 5.81. As well, the Quick Ratio is 5.81, while the Cash Ratio is 2.05. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 0.99.
