The 36-month beta value for SLGL is at 1.60. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SLGL is 7.23M, and currently, shorts hold a 0.51% of that float. The average trading volume for SLGL on November 20, 2024 was 109.22K shares.
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SLGL) stock’s latest price update
The stock of Sol-Gel Technologies Ltd (NASDAQ: SLGL) has decreased by -11.63 when compared to last closing price of 0.49.Despite this, the company has seen a loss of -22.54% in its stock price over the last five trading days. zacks.com reported 2024-11-15 that Sol-Gel Technologies Ltd. (SLGL) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.13.
SLGL’s Market Performance
SLGL’s stock has fallen by -22.54% in the past week, with a monthly drop of -35.67% and a quarterly drop of -28.17%. The volatility ratio for the week is 11.88% while the volatility levels for the last 30 days are 10.85% for Sol-Gel Technologies Ltd The simple moving average for the last 20 days is -23.17% for SLGL’s stock, with a simple moving average of -44.74% for the last 200 days.
Analysts’ Opinion of SLGL
Many brokerage firms have already submitted their reports for SLGL stocks, with Raymond James repeating the rating for SLGL by listing it as a “Outperform.” The predicted price for SLGL in the upcoming period, according to Raymond James is $4 based on the research report published on August 19, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see SLGL reach a price target of $5.50. The rating they have provided for SLGL stocks is “Hold” according to the report published on October 21st, 2022.
JMP Securities gave a rating of “Mkt Outperform” to SLGL, setting the target price at $33 in the report published on December 31st of the previous year.
SLGL Trading at -31.24% from the 50-Day Moving Average
After a stumble in the market that brought SLGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.64% of loss for the given period.
Volatility was left at 10.85%, however, over the last 30 days, the volatility rate increased by 11.88%, as shares sank -35.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.35% lower at present.
During the last 5 trading sessions, SLGL fell by -22.54%, which changed the moving average for the period of 200-days by -65.52% in comparison to the 20-day moving average, which settled at $0.5610. In addition, Sol-Gel Technologies Ltd saw -61.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SLGL
Current profitability levels for the company are sitting at:
- -2.57 for the present operating margin
- -1.53 for the gross margin
The net margin for Sol-Gel Technologies Ltd stands at -2.27. The total capital return value is set at -0.46. Equity return is now at value -24.59, with -20.62 for asset returns.
Currently, EBITDA for the company is -28.96 million with net debt to EBITDA at 0.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 1.08for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.81.
Conclusion
In conclusion, Sol-Gel Technologies Ltd (SLGL) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
