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After finishing at $4.34 in the prior trading day, Skillz Inc (NYSE: SKLZ) closed at $4.31, down -0.69%. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 0.15 million shares were traded. SKLZ stock price reached its highest trading level at $4.48 during the session, while it also had its lowest trading level at $4.23.
Ratios:
Our goal is to gain a better understanding of SKLZ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.32 and its Current Ratio is at 4.32. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.
On August 04, 2022, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $5 to $1.50.
Citigroup Downgraded its Buy to Neutral on May 23, 2022, whereas the target price for the stock was revised from $5 to $2.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKLZ now has a Market Capitalization of 65967540 and an Enterprise Value of -18384960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -0.199 whereas that against EBITDA is 0.235.
Stock Price History:
The Beta on a monthly basis for SKLZ is 2.89, which has changed by -0.18574107 over the last 52 weeks, in comparison to a change of 0.17511821 over the same period for the S&P500. Over the past 52 weeks, SKLZ has reached a high of $9.11, while it has fallen to a 52-week low of $3.54. The 50-Day Moving Average of the stock is -25.49%, while the 200-Day Moving Average is calculated to be -32.57%.
Shares Statistics:
The stock has traded on average 66.01K shares per day over the past 3-months and 86260 shares per day over the last 10 days, according to various share statistics. A total of 11.91M shares are outstanding, with a floating share count of 8.06M. Insiders hold about 46.62% of the company’s shares, while institutions hold 24.43% stake in the company. Shares short for SKLZ as of 1765756800 were 1411346 with a Short Ratio of 21.38, compared to 1763078400 on 1408430. Therefore, it implies a Short% of Shares Outstanding of 1411346 and a Short% of Float of 16.409999.
Earnings Estimates
The performance of Skillz Inc (SKLZ) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating. Analysts are recommending an EPS of between -$3.67 and -$3.67 for the fiscal current year, implying an average EPS of -$3.67. EPS for the following year is -$2.71, with 1.0 analysts recommending between -$2.71 and -$2.71.
Revenue Estimates
1 analysts predict $26M in revenue for . The current quarter. It ranges from a high estimate of $26M to a low estimate of $26M. As of . The current estimate, Skillz Inc’s year-ago sales were $20.37M
A total of 1 analysts have provided revenue estimates for SKLZ’s current fiscal year. The highest revenue estimate was $103.2M, while the lowest revenue estimate was $103.2M, resulting in an average revenue estimate of $103.2M. In the same quarter a year ago, actual revenue was $95.47MBased on 1 analysts’ estimates, the company’s revenue will be $116.3M in the next fiscal year. The high estimate is $116.3M and the low estimate is $116.3M.
