Sol-Gel Technologies Ltd. (NASDAQ:SLGL – Get Rating)’s stock price rose 1.2% during trading on Tuesday . The stock traded as high as $4.22 and last traded at $4.22. Approximately 623 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 9,441 shares. The stock had previously closed at $4.17.
Wall Street Analyst Weigh In
SLGL has been the topic of a number of research analyst reports. HC Wainwright reiterated a “buy” rating and set a $19.00 price objective on shares of Sol-Gel Technologies in a research note on Wednesday, February 1st. Raymond James reduced their target price on shares of Sol-Gel Technologies from $16.00 to $13.00 and set a “strong-buy” rating for the company in a report on Friday, November 11th.
Sol-Gel Technologies Trading Up 1.2 %
The stock has a market cap of $97.60 million, a P/E ratio of 20.10 and a beta of 1.32. The firm’s fifty day moving average is $4.67 and its 200 day moving average is $4.94.
Hedge Funds Weigh In On Sol-Gel Technologies
About Sol-Gel Technologies
Sol-Gel Technologies Ltd. is a clinical-stage dermatology company, which engages in the identification, development, and commercialization of topical dermatological drug products for the treatment of skin diseases. Its products include VERED, TWIN, and SIRS-T. The company was founded by David Avnir and Alon Seri-Levy on October 28, 1997 and is headquartered in Ness Ziona, Israel.
- Get a free copy of the StockNews.com research report on Sol-Gel Technologies (SLGL)
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