Ratios Uncovered: Breaking Down SKYX Platforms Corp (SKYX)’s Trailing Twelve Months Metrics

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The price of SKYX Platforms Corp (NASDAQ: SKYX) closed at $1.28 in the last session, down -3.76% from day before closing price of $1.33. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 0.59 million shares were traded.

Ratios:

We take a closer look at SKYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 10.73 whereas as Long-Term Debt/Eq ratio is at 7.85.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 34.18.

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 $0.72. The 50-Day Moving Average of the stock is -15.77%, while the 200-Day Moving Average is calculated to be 11.74%.

Shares Statistics:

A total of 102.39M shares are outstanding, with a floating share count of 64.25M. Insiders hold about 37.32% of the company’s shares, while institutions hold 8.22% stake in the company.

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