Sol-Gel Technologies Ltd (NASDAQ: SLGL) is -37.11% lower on its value in year-to-date trading and has touched a low of $0.33 and a high of $2.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLGL stock was last observed hovering at around $0.60 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $0.69, the stock is 63.33% and 1.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing 15.82% at the moment leaves the stock -28.84% off its SMA200. SLGL registered -73.88% loss for a year compared to 6-month loss of -37.95%.
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The stock witnessed a 3.72% gain in the last 1 month and extending the period to 3 months gives it a -12.05%, and is 65.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.14% over the week and 14.78% over the month.
Sol-Gel Technologies Ltd (SLGL) has around 36 employees, a market worth around $19.36M and $6.56M in sales. Profit margin for the company is -227.40%. Distance from 52-week low is 108.05% and -76.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.52%).
The EPS is expected to grow by 43.56% this year
The shares outstanding are 27.86M, and float is at 9.42M with Short Float at 4.66%.
The top institutional shareholder in the company is PHOENIX HOLDINGS LTD. with over 2.47 million shares valued at $2.2 million. The investor’s holdings represent 8.8672 of the SLGL Shares outstanding. As of 2024-06-30, the second largest holder is ARMISTICE CAPITAL, LLC with 2.03 million shares valued at $1.81 million to account for 7.2942 of the shares outstanding. The other top investors are MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. which holds 1.23 million shares representing 4.4065 and valued at over $1.09 million, while HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD. holds 3.3037 of the shares totaling 0.92 million with a market value of $0.82 million.
