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How to Buy Sol Gel Technologies Stock

Sol Gel Technologies Ltd

Sol-Gel Technologies Ltd. , a clinical stage specialty pharmaceutical company, focuses on developing and commercializing topical dermatological drug products based on its proprietary microencapsulation delivery system in Israel.

Sol Gel Technologies stock last closed at $0.98, up 0% from the previous day, and has decreased 75.62% in one year. It has underperformed other stocks in the Biotechnology industry by 0.71 percentage points. Sol Gel Technologies stock is currently +8.89% from its 52-week low of $0.90, and -77.68% from its 52-week high of $4.39.

At the moment, there are 27.86M SLGL shares outstanding. The market capitalization of SLGL is $27.30M. In the past 24 hours, 19,670 SLGL shares were traded.

How to Buy Sol Gel Technologies Stock

Wondering how to invest in Sol Gel Technologies stock? Here's how.
  1. Choose where to buy Sol Gel Technologies stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Sol Gel Technologies stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Research Sol Gel Technologies stock: The Sol Gel Technologies ticker symbol is SLGL. Is Sol Gel Technologies stock a good investment? Should you buy shares of SLGL? How do SLGL's underlying business fundamentals look? Do top analysts think Sol Gel Technologies is a good buy? Why has SLGL's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if SLGL is a good stock to buy).
  5. Make your SLGL trade: Decide if you will purchase SLGL shares at the current market price or use a limit order to buy SLGL stock at a specific price.
  6. Get the latest scoop on your SLGL position: Create a watchlist to important updates regarding your new investment in Sol Gel Technologies stock.

Step 1: Choose where to buy Sol Gel Technologies stock

You need a brokerage account in order to access the NASDAQ market and buy SLGL stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you can invest in SLGL stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on the best free stock trading app, you can securely and quickly fund your account:

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Step 4: Research Sol Gel Technologies stock

Once you have chosen the best place to buy Sol Gel Technologies stock, it's absolutely critical to evaluate their stock before you invest, so you actually comprehend the risk as well as the upside.

Sol Gel Technologies shares data

SLGL Price
$0.98
1w %
-4.85%
1y %
-75.62%
5y %
-85.48%
P/E
-0.97x
P/B
0.71x
P/S
17.19x
PEG
N/A
Revenue
$1.55M
Earnings
-$27.24M
Fore. Rev. Growth
75.66%
Fore. Earn. Growth
N/A
Market Cap
$27.30M
Next Earnings
May 10, 2024
Next Dividend
N/A

Fundamentals of SLGL

WallStreetZen was created to help part-time investors do more accurate fundamental analysis.

You can see all of the due diligence checks on SLGL's stock page.

Is SLGL stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SLGL's intrinsic value.

Using relative valuations measures:

  • SLGL may be undervalued based on its P/B ratio of 0.71x, relative to Biotechnology industry P/B ratio of 6.21x

You can access additional valuation research on SLGL's stock here.

SLGL Financial Health Summary

Signs that SLGL is financially healthy:

  • SLGL has a low debt to equity ratio of 0.17.
  • There are more short-term assets than long-term liabilities on the SLGL balance sheet.
  • SLGL has cash burn of 17790000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the SLGL balance sheet.
  • SLGL has $38.00M in cash and short term investments. This is enough to cover its annual cash burn of $17.79M.

Signs that SLGL is not financially healthy:

  • Total SLGL debt is higher than 5 years ago, relative to shareholder equity.
  • SLGL profit margin has gone down from -384.3% to -1,752.8% in the past year.

Is SLGL stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who research SLGL, the consensus analyst rating on Sol Gel Technologies is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Sol Gel Technologies stock forecast page.

SLGL Technical Indicators

SMA10
1
SMA20
1.04
SMA50
1.13
SMA100
1.2
SMA200
1.88
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
0
RSI
39.89
Stochastic %K
7.82
Stochastic %D
4.7
StochRSI %K
19.04
StochRSI %D
20.46

SLGL Revenue

Last year, SLGL revenue was $1.55M. During the past five year, SLGL's revenue has gone up by 64.5% per year. This was faster than the Biotechnology industry average of 29.51%.

You can research SLGL's earnings and revenue performance here.

What are SLGL executives and large shareholders up to?

In the last 12 months, insiders at SLGL have not bought or sold any shares.

Research more about who owns SLGL shares here.

Does SLGL stock generate passive income?

No, Sol Gel Technologies doesn't provide an income stream by paying out dividends.

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Step 5: Make your SLGL trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, use a limit order.

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Step 6: Get the latest scoop on your SLGL position

Now that you own some shares in SLGL, you'll want to stay up-to-date on your investment.

Make a watchlist to track the most important metrics related to your SLGL stock.

SLGL Feed

How to Buy Stock in Sol Gel Technologies

To reiterate, here are the 6 steps to buy stock in Sol Gel Technologies:

  1. Choose where to buy Sol Gel Technologies stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Sol Gel Technologies stock
  5. Make your SLGL trade
  6. Get the latest scoop on your SLGL position

If you require a online brokerage, eToro is our recommended option.

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If you want to watch your new investment in Sol Gel Technologies, get started below.

NASDAQ: SLGL
$0.98+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: SLGL
$0.98+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sol Gel Technologies share?

As of Mar 28, 2024, it costs $0.98 to buy one share of Sol Gel Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.49, you can buy 0.5 shares of SLGL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sol Gel Technologies stock?

According to 1 Wall Street analysts who monitor Sol Gel Technologies, their consensus recommendation is to buy Sol Gel Technologies stock.

What is the best way to buy Sol Gel Technologies stock?

One way to place an order for Sol Gel Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.