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Sol-Gel Technologies (NASDAQ:SLGL) Receives "Hold (C-)" Rating from Weiss Ratings

Sol-Gel Technologies logo with Medical background

Sol-Gel Technologies (NASDAQ:SLGL - Get Free Report)'s stock had its "hold (c-)" rating restated by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Sol-Gel Technologies to a "buy" rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold".

Check Out Our Latest Stock Report on Sol-Gel Technologies

Sol-Gel Technologies Stock Performance

SLGL opened at $39.32 on Wednesday. Sol-Gel Technologies has a 52-week low of $4.01 and a 52-week high of $52.26. The firm has a market capitalization of $109.70 million, a PE ratio of -31.97 and a beta of 1.29. The business's 50-day simple moving average is $23.69 and its 200 day simple moving average is $12.84.

Sol-Gel Technologies (NASDAQ:SLGL - Get Free Report) last released its earnings results on Friday, August 15th. The company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.67) by $4.84. Sol-Gel Technologies had a negative return on equity of 11.80% and a negative net margin of 14.25%.The business had revenue of $17.26 million for the quarter, compared to analyst estimates of $2.86 million. On average, research analysts forecast that Sol-Gel Technologies will post -0.28 earnings per share for the current year.

About Sol-Gel Technologies

(Get Free Report)

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

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