Sol-Gel Technologies Ltd (SLGL) is gearing up for another turning point as it hit the volume of 0.56 million

On Tuesday, Sol-Gel Technologies Ltd (NASDAQ: SLGL) opened lower -14.44% from the last session, before settling in for the closing price of $1.05. Price fluctuations for SLGL have ranged from $0.33 to $1.65 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 11.82%. Company’s average yearly earnings per share was noted 72.28% at the time writing. With a float of $7.23 million, this company’s outstanding shares have now reached $27.86 million.

Considering the fact that the conglomerate employs 36 people, you should pay attention to its efficiency factor. 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

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. 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

Check out the current performance indicators for Sol-Gel Technologies Ltd (SLGL). In the past quarter, the stock posted a quick ratio of 5.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14.

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)

Compared to the last year’s volume of 0.53 million, its volume of 0.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.21%. Additionally, its Average True Range was 0.21.

During the past 100 days, Sol-Gel Technologies Ltd’s (SLGL) raw stochastic average was set at 39.84%, which indicates a significant increase from 10.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 232.24% in the past 14 days, which was lower than the 258.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7415, while its 200-day Moving Average is $0.7200. Nevertheless, the first resistance level for the watch stands at $1.0567 in the near term. At $1.2151, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3301. If the price goes on to break the first support level at $0.7833, it is likely to go to the next support level at $0.6683. Should the price break the second support level, the third support level stands at $0.5099.

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

There are currently 27,858K shares outstanding in the company with a market cap of 25.03 million. Presently, the company’s annual sales total 1,550 K according to its annual income of -27,240 K. Last quarter, the company’s sales amounted to 5,360 K and its income totaled -370 K.