86.96% percent quarterly performance for Sol-Gel Technologies Ltd (SLGL) is not indicative of the underlying story

Sol-Gel Technologies Ltd (NASDAQ: SLGL) kicked off on Monday, up 17.70% from the previous trading day, before settling in for the closing price of $1.04. Over the past 52 weeks, SLGL has traded in a range of $0.33-$1.65.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Healthcare Sector giant was 11.82%. While this was happening, its average annual earnings per share was recorded 72.28%. With a float of $7.23 million, this company’s outstanding shares have now reached $27.86 million.

Let’s determine the extent of company efficiency that accounts for 36 employees. In terms of profitability, gross margin is -2.11%, operating margin of -97.07%, and the pretax margin is -81.75%.

Sol-Gel Technologies Ltd (SLGL) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Sol-Gel Technologies Ltd is 74.04%, while institutional ownership is 19.48%.

Sol-Gel Technologies Ltd (SLGL) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 72.28% per share during the next fiscal year.

Sol-Gel Technologies Ltd (NASDAQ: SLGL) Trading Performance Indicators

Take a look at Sol-Gel Technologies Ltd’s (SLGL) current performance indicators. Last quarter, stock had a quick ratio of 5.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.40 in one year’s time.

Technical Analysis of Sol-Gel Technologies Ltd (SLGL)

Looking closely at Sol-Gel Technologies Ltd (NASDAQ: SLGL), its last 5-days average volume was 0.87 million, which is a jump from its year-to-date volume of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 36.90%. Additionally, its Average True Range was 0.22.

During the past 100 days, Sol-Gel Technologies Ltd’s (SLGL) raw stochastic average was set at 66.38%, which indicates a significant increase from 66.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 644.40% in the past 14 days, which was higher than the 261.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6804, while its 200-day Moving Average is $0.7165. However, in the short run, Sol-Gel Technologies Ltd’s stock first resistance to watch stands at $1.3333. Second resistance stands at $1.4367. The third major resistance level sits at $1.5633. If the price goes on to break the first support level at $1.1033, it is likely to go to the next support level at $0.9767. Should the price break the second support level, the third support level stands at $0.8733.

Sol-Gel Technologies Ltd (NASDAQ: SLGL) Key Stats

The company with the Market Capitalisation of 34.26 million has total of 27,858K Shares Outstanding. Its annual sales at the moment are 1,550 K in contrast with the sum of -27,240 K annual income. Company’s last quarter sales were recorded 5,360 K and last quarter income was -370 K.