Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, SKYX Platforms Corp (NASDAQ: SKYX) closed at $1.2 up 1.69% from its previous closing price of $1.18. In other words, the price has increased by $1.69% from its previous closing price. On the day, 0.77 million shares were traded. SKYX stock price reached its highest trading level at $1.233 during the session, while it also had its lowest trading level at $1.175.
Ratios:
For a deeper understanding of SKYX Platforms Corp’s stock, let’s take a closer look at its various 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKYX now has a Market Capitalization of 128296808 and an Enterprise Value of 167919264. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47. Its current Enterprise Value per Revenue stands at 1.921 whereas that against EBITDA is -5.78.
Stock Price History:
The Beta on a monthly basis for SKYX is 2.44, which has changed by 0.09090912 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. 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 -2.95%, while the 200-Day Moving Average is calculated to be -3.22%.
Shares Statistics:
For the past three months, SKYX has traded an average of 447.39K shares per day and 556560 over the past ten days. A total of 104.95M shares are outstanding, with a floating share count of 66.68M. Insiders hold about 37.63% of the company’s shares, while institutions hold 9.77% stake in the company. Shares short for SKYX as of 1748563200 were 3205290 with a Short Ratio of 7.16, compared to 1745971200 on 3626589. Therefore, it implies a Short% of Shares Outstanding of 3205290 and a Short% of Float of 4.0599998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
