In the past week, SLGL stock has gone up by 0.48%, with a monthly gain of 125.37% and a quarterly surge of 56.72%. The volatility ratio for the week is 17.43%, and the volatility levels for the last 30 days are 33.73% for Sol-Gel Technologies Ltd The simple moving average for the past 20 days is -0.21% for SLGL’s stock, with a 45.68% simple moving average for the past 200 days.
Is It Worth Investing in Sol-Gel Technologies Ltd (NASDAQ: SLGL) Right Now?
The stock has a 36-month beta value of 1.33. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SLGL is 7.23M, and at present, short sellers hold a 3.05% of that float. On January 20, 2025, the average trading volume of SLGL was 513.52K shares.
SLGL) stock’s latest price update
The stock of Sol-Gel Technologies Ltd (NASDAQ: SLGL) has decreased by -13.47 when compared to last closing price of 1.21.Despite this, the company has seen a gain of 0.48% in its stock price over the last five trading days. zacks.com reported 2024-12-25 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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 previous 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 42.89% 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 -36.36% of loss for the given period.
Volatility was left at 33.73%, however, over the last 30 days, the volatility rate increased by 17.43%, as shares surge +112.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +88.85% upper at present.
During the last 5 trading sessions, SLGL rose by +0.48%, which changed the moving average for the period of 200-days by +2.94% in comparison to the 20-day moving average, which settled at $1.0522. In addition, Sol-Gel Technologies Ltd saw 12.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SLGL
Current profitability levels for the company are sitting at:
- -0.97 for the present operating margin
- -0.02 for the gross margin
The net margin for Sol-Gel Technologies Ltd stands at -0.82. The total capital return value is set at -0.31. 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 1.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 1.67for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.81.
Conclusion
To sum up, Sol-Gel Technologies Ltd (SLGL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
