In the last trading session, 16.99 million Sol-Gel Technologies Ltd (NASDAQ:SLGL) shares changed hands as the company’s beta touched 1.54. With the company’s per share price at $1.65 changed hands at $1.22 or 284.62% during last session, the market valuation stood at $44.79M. SLGL’s last price was a premium, traded about 4.24% off its 52-week high of $1.58. The share price had its 52-week low at $0.33, which suggests the last value was 80.0% up since then. When we look at Sol-Gel Technologies Ltd’s average trading volume, we note the 10-day average is 48470.0 shares, with the 3-month average coming to 61.97K.
Analysts gave the Sol-Gel Technologies Ltd (SLGL) stock a consensus recommendation rating of Strong Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 0 recommended SLGL as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Sol-Gel Technologies Ltd (NASDAQ:SLGL) trade information
Instantly SLGL was in green as seen at the end of in last trading. With action 254.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 49.32%, with the 5-day performance at 254.15% in the green. However, in the 30-day time frame, Sol-Gel Technologies Ltd (NASDAQ:SLGL) is 247.30% up. Looking at the short shares, we see there were 37162.0 shares sold at short interest cover period of 0.59 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 92.14% from its current market value. According to analyst projections, SLGL’s forecast low is 21 with 21 as the target high. To hit the forecast high, the stock’s price needs a -1172.73% plunge from its current level, while the stock would need to soar -1172.73% for it to hit the projected low.
Sol-Gel Technologies Ltd (SLGL) estimates and forecasts
Data shows that the Sol-Gel Technologies Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 83.33% over the past 6 months, a 44.55% in annual growth rate that is considerably higher than the industry average of 25.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.01%. The 2024 estimates are for Sol-Gel Technologies Ltd earnings to increase by 72.28%.
SLGL Dividends
Sol-Gel Technologies Ltd is expected to release its next quarterly earnings report in January.
ARMISTICE CAPITAL, LLC holds the second largest percentage of outstanding shares, with 7.2942% or 2.03 million shares worth $1.81 million as of 2024-06-30.
