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 $0.76, down 10.69% from the previous day, and has increased 6.59% in one year. It has overperformed other stocks in the Biotechnology industry by 0.83 percentage points. Sol Gel Technologies stock is currently +127.54% from its 52-week low of $0.33, and -53.94% from its 52-week high of $1.65.
At the moment, there are 27.86M SLGL shares outstanding. The market capitalization of SLGL is $21.17M. In the past 24 hours, 80,542 SLGL shares were traded.
How to Buy Sol Gel Technologies Stock
Wondering how to invest in Sol Gel Technologies stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
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:
Check out this video walkthrough for more details transferring money into your new brokerage account.
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
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 0.73x, relative to Biotechnology industry P/B ratio of 4.45x
You can access additional valuation research on SLGL's stock here.
SLGL Financial Health Summary
Signs that SLGL is financially healthy:
- There are more short-term assets than long-term liabilities on the SLGL balance sheet.
- There are more short-term assets than short-term liabilities on the SLGL balance sheet.
- SLGL has cash burn of 13885000. It has enough cash and short-term investments to cover this for at least one year.
- SLGL has a low debt to equity ratio of 0.24.
Signs that SLGL is not financially healthy:
- SLGL profit margin has gone up by 16.61 percentage points in the past year, but the company is still unprofitable.
- SLGL has $23.93M in cash and short term investments. This is not enough to cover its annual cash burn of $13.89M.
- Total SLGL debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are saying on the Sol Gel Technologies stock forecast page.
Metrics for Advanced SLGL Traders
Is SLGL Making Money?
Last year, SLGL revenue was $11.54M. During the last five year, SLGL's revenue has grown by -12.81% per year. This was slower than the Biotechnology industry average of 45.66%.
Dive into SLGL's earnings and revenue performance here.
Who is buying/selling SLGL?
In the last 12 months, insiders at SLGL have not bought or sold any shares.
Learn more about who owns SLGL shares here.
Does SLGL provide a stable income stream?
No, Sol Gel Technologies doesn't provide an income stream by paying out dividends.
What do other traders have to say about SLGL?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your SLGL trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you want additional help with buying stocks on eToro, click the helpful video below:
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 new investment.
Make a watchlist to get the latest updates about your SLGL stock.
SLGL Feed
How to Buy Stock in Sol Gel Technologies
To summarize, here are the 6 steps you need to take to buy Sol Gel Technologies stock right now:
- Choose where to buy Sol Gel Technologies stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Sol Gel Technologies stock
- Make your SLGL trade
- Get the latest scoop on your SLGL position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Sol Gel Technologies, hit the button below to create your watchlist.
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