Sol-Gel Technologies Ltd (NASDAQ:SLGL) has a beta value of 1.33 and has seen 2.18 million shares traded in the last trading session. The company, currently valued at $39.00M, closed the last trade at $1.40 per share which meant it gained $0.4 on the day or 40.03% during that session. The SLGL stock price is -17.86% off its 52-week high price of $1.65 and 76.43% above the 52-week low of $0.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.45 million shares traded. The 3-month trading volume is 436.36K shares.
The consensus among analysts is that Sol-Gel Technologies Ltd (SLGL) is Strong Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Sol-Gel Technologies Ltd (NASDAQ:SLGL) trade information
Sporting 40.03% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SLGL stock price touched $1.40 or saw a rise of 6.67%. Year-to-date, Sol-Gel Technologies Ltd shares have moved 50.52%, while the 5-day performance has seen it change 25.00%. Over the past 30 days, the shares of Sol-Gel Technologies Ltd (NASDAQ:SLGL) have changed 174.51%. Short interest in the company has seen 37162.0 shares shorted with days to cover at 0.59.
Wall Street analysts have a consensus price target for the stock at $21, which means that the shares’ value could jump 93.33% from current levels. The projected low price target is $21.0 while the price target rests at a high of $21.0. In that case, then, we find that the current price level is -1400.0% off the targeted high while a plunge would see the stock gain -1400.0% from current levels.
Sol-Gel Technologies Ltd (SLGL) estimates and forecasts
Figures show that Sol-Gel Technologies Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 50.54% over the past 6 months, with this year growth rate of 72.28%, compared to 28.00% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 11.01% over the past 5 years.
SLGL Dividends
Sol-Gel Technologies Ltd is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sol-Gel Technologies Ltd (NASDAQ:SLGL)’s Major holders
The top two institutional holders are PHOENIX HOLDINGS LTD. with over 2.47 million shares worth more than $2.2 million. As of 2024-06-30, PHOENIX HOLDINGS LTD. held 8.8672% of shares outstanding.
The other major institutional holder is ARMISTICE CAPITAL, LLC, with the holding of over 2.03 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.81 million and represent 7.2942% of shares outstanding.
