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After finishing at $1.28 in the prior trading day, SKYX Platforms Corp (NASDAQ: SKYX) closed at $1.26, down -1.56%. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SKYX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 9.50 whereas as Long-Term Debt/Eq ratio is at 6.82.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on September 10, 2024, initiated with a Buy rating and assigned the stock a target price of $2.
On April 29, 2024, Noble Capital Markets started tracking the stock assigning a Outperform rating and target price of $5. On July 28, 2022, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $15.The Benchmark Company initiated its Buy rating on July 28, 2022, with a $15 target price.
Stock Price History:
Over the past 52 weeks, SKYX has reached a high of $2.13, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 4.57%, while the 200-Day Moving Average is calculated to be 3.15%.
Shares Statistics:
A total of 104.95M shares are outstanding, with a floating share count of 65.99M. Insiders hold about 37.63% of the company’s shares, while institutions hold 9.87% stake in the company.
