Sol-Gel Technologies Ltd. (NASDAQ:SLGL – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 9,000 shares, a decrease of 64.8% from the June 30th total of 25,600 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 35,100 shares, the days-to-cover ratio is presently 0.3 days.
Sol-Gel Technologies Trading Up 11.4 %
Shares of SLGL traded up $0.05 during mid-day trading on Friday, hitting $0.50. 1,448,285 shares of the company’s stock were exchanged, compared to its average volume of 146,584. The firm has a market capitalization of $13.96 million, a P/E ratio of -0.60 and a beta of 1.54. Sol-Gel Technologies has a fifty-two week low of $0.42 and a fifty-two week high of $3.92. The business’s 50 day moving average is $0.82 and its two-hundred day moving average is $0.96.
Sol-Gel Technologies (NASDAQ:SLGL – Get Free Report) last announced its quarterly earnings data on Monday, May 20th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.08). The firm had revenue of $0.47 million during the quarter, compared to analyst estimates of $1.30 million. Sol-Gel Technologies had a negative net margin of 1,329.13% and a negative return on equity of 56.20%. On average, equities research analysts forecast that Sol-Gel Technologies will post -0.83 earnings per share for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on SLGL
Sol-Gel Technologies Company Profile
Sol-Gel Technologies Ltd., together with its subsidiary Sol-Gel Technologies Inc, develops topical dermatological drugs for patients with severe skin conditions in Israel. The company offers Twyneo, a once-daily, non-antibiotic topical cream for the treatment of acne vulgaris; and Epsolay, a once-daily topical cream for the treatment of papulopustular (subtype II) rosacea.
Further Reading
- Five stocks we like better than Sol-Gel Technologies
- Russell 2000 Index, How Investors Use it For Profitable Trading
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Are Penny Stocks a Good Fit for Your Portfolio?
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- Health Care Stocks Explained: Why You Might Want to Invest
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Sol-Gel Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sol-Gel Technologies and related companies with MarketBeat.com's FREE daily email newsletter.