Soliton found using ticker (SOLY) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 12 calculating the average target price we see 16. Given that the stocks previous close was at 8.37 this now indicates there is a potential upside of 91.2%. The 50 day moving average now sits at 8.4 and the 200 moving average now moves to 8.22. The company has a market cap of $177m. Company Website: http://www.soliton.com
The potential market cap would be $338m based on the market concensus.
Soliton, a medical device company, develops and commercializes products using a proprietary rapid acoustic pulse technology platform. The company offers product for the removal of tattoos. It also develops product for cellulite reduction, fibrotic scar treatment, and other indications. The company was founded in 2012 and is based in Houston, Texas.
