Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Skeena Resources Ltd (NYSE: SKE) closed at $23.73 in the last session, down -0.96% from day before closing price of $23.96. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 0.57 million shares were traded. SKE stock price reached its highest trading level at $24.25 during the session, while it also had its lowest trading level at $23.63.
Ratios:
We take a closer look at SKE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.56.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKE now has a Market Capitalization of 2873544704 and an Enterprise Value of 2782257920.
Stock Price History:
The Beta on a monthly basis for SKE is 1.27, which has changed by 1.5379679 over the last 52 weeks, in comparison to a change of 0.15196204 over the same period for the S&P500. Over the past 52 weeks, SKE has reached a high of $26.05, while it has fallen to a 52-week low of $8.53. The 50-Day Moving Average of the stock is 18.45%, while the 200-Day Moving Average is calculated to be 48.55%.
Shares Statistics:
According to the various share statistics, SKE traded on average about 846.95K shares per day over the past 3-months and 940830 shares per day over the past 10 days. A total of 115.10M shares are outstanding, with a floating share count of 98.00M. Insiders hold about 19.07% of the company’s shares, while institutions hold 52.38% stake in the company. Shares short for SKE as of 1765756800 were 1600386 with a Short Ratio of 2.38, compared to 1763078400 on 2843482.
