In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, SkyWater Technology Inc (NASDAQ: SKYT) closed at $8.18 up 0.74% from its previous closing price of $8.12. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.69 million shares were traded. SKYT stock price reached its highest trading level at $8.38 during the session, while it also had its lowest trading level at $7.86.
Ratios:
For a deeper understanding of SkyWater Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 0.75.
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, TD Cowen on February 27, 2024, Reiterated its Outperform rating but revised its target price to $15 from $12 previously.
On February 27, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $13 to $15.
On April 26, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.Craig Hallum initiated its Buy rating on April 26, 2022, with a $10 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 14 ’25 when Unterseher Loren A sold 1,434,337 shares for $8.20 per share. The transaction valued at 11,761,961 led to the insider holds 12,285 shares of the business.
GRAVES GREGORY B sold 12,844 shares of SKYT for $104,165 on Mar 14 ’25. The Director now owns 14,285 shares after completing the transaction at $8.11 per share. On Mar 14 ’25, another insider, CMI Oxbow Partners, LLC, who serves as the 10% Owner of the company, bought 1,427,766 shares for $7.76 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKYT now has a Market Capitalization of 392599936 and an Enterprise Value of 456389728. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 6.77. Its current Enterprise Value per Revenue stands at 1.333 whereas that against EBITDA is 19.193.
Stock Price History:
The Beta on a monthly basis for SKYT is 3.34, which has changed by -0.19803923 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, SKYT has reached a high of $19.00, while it has fallen to a 52-week low of $5.63. The 50-Day Moving Average of the stock is -18.09%, while the 200-Day Moving Average is calculated to be -11.63%.
Shares Statistics:
For the past three months, SKYT has traded an average of 821.06K shares per day and 718500 over the past ten days. A total of 47.70M shares are outstanding, with a floating share count of 23.28M. Insiders hold about 51.50% of the company’s shares, while institutions hold 28.02% stake in the company. Shares short for SKYT as of 1740700800 were 3138616 with a Short Ratio of 3.82, compared to 1738281600 on 2673348. Therefore, it implies a Short% of Shares Outstanding of 3138616 and a Short% of Float of 11.26.