As on May 17, 2021, Skillz Inc. (NYSE: SKLZ) got off with the flyer as it spiked 1.75% to $15.68. During the day, the stock rose to $15.88 and sunk to $14.65 before settling in for the price of $15.41 at the close. Taking a more long-term approach, SKLZ posted a 52-week range of $10.00-$46.30.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -474.80%. This publicly-traded company’s shares outstanding now amounts to $354.18 million, simultaneously with a float of $254.17 million. The organization now has a market capitalization sitting at $5.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.32, while the 200-day Moving Average is $18.63.
Skillz Inc. (SKLZ) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Electronic Gaming & Multimedia industry. Skillz Inc.’s current insider ownership accounts for 4.50%, in contrast to 50.30% institutional ownership. According to the most recent insider trade that took place on Mar 23, this organization’s Chief Executive Officer sold 8,402,866 shares at the rate of 23.34, making the entire transaction reach 196,122,892 in total value, affecting insider ownership by 68,601,268. Preceding that transaction, on Mar 23, Company’s Chief Revenue Officer sold 1,673,599 for 23.34, making the whole transaction’s value amount to 39,061,801. This particular insider is now the holder of 12,600,294 in total.
Skillz Inc. (SKLZ) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2021, the company posted -$0.12 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.1) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
Skillz Inc.’s EPS decrease for this current 12-month fiscal period is -474.80% and is forecasted to reach -0.36 in the upcoming year.
Skillz Inc. (NYSE: SKLZ) Trading Performance Indicators
Let’s observe the current performance indicators for Skillz Inc. (SKLZ). It’s Quick Ratio in the last reported quarter now stands at 5.80. The Stock has managed to achieve an average true range (ATR) of 1.76. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 28.06.
In the same vein, SKLZ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.25, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.36 at the market close of one year from today.
Technical Analysis of Skillz Inc. (SKLZ)
Through scrutinizing the latest numbers posted by the [Skillz Inc., SKLZ], it can be observed that its last 5-days Average volume of 17.36 million was better the volume of 16.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 49.15% While, its Average True Range was 1.77.
Raw Stochastic average of Skillz Inc. (SKLZ) in the period of the previous 100 days is set at 9.68%, which indicates a major fall in contrast to 38.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 83.56% that was lower than 112.29% volatility it exhibited in the past 100-days period.