SkyWater Technology Inc (SKYT) is -34.88% away from 50-day simple Moving Average despite all headwinds

SkyWater Technology Inc (NASDAQ: SKYT) open the trading on Thursday, with a bit cautious approach as it glided -32.62% to $6.65, before settling in for the price of $9.87 at the close. Taking a more long-term approach, SKYT posted a 52-week range of $4.73-$12.97.

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The Technology sector firm’s twelve-monthly sales growth has been 17.50% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -231.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -97.15%. This publicly-traded company’s shares outstanding now amounts to $47.03 million, simultaneously with a float of $21.71 million. The organization now has a market capitalization sitting at $314.41 million. At the time of writing, stock’s 50-day Moving Average stood at $10.11, while the 200-day Moving Average is $8.18.

SkyWater Technology Inc (SKYT) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. SkyWater Technology Inc’s current insider ownership accounts for 54.08%, in contrast to 21.04% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s Director sold 368,709 shares at the rate of 12.14, making the entire transaction reach 4,475,456 in total value, affecting insider ownership by 13,022,293. Preceding that transaction, on Mar 06 ’24, Company’s Director sold 50,771 for 11.56, making the whole transaction’s value amount to 587,167. This particular insider is now the holder of 13,391,002 in total.

SkyWater Technology Inc (SKYT) Earnings and Revenue Records

SkyWater Technology Inc’s EPS decrease for this current 12-month fiscal period is -97.15% and is forecasted to reach 0.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -231.04% growth it accomplished over the previous five years trading on the market.

SkyWater Technology Inc (NASDAQ: SKYT) Trading Performance Indicators

Let’s observe the current performance indicators for SkyWater Technology Inc (SKYT). It’s Quick Ratio in the last reported quarter now stands at 0.86. The Stock has managed to achieve an average true range (ATR) of 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.05. Similarly, its price to free cash flow for trailing twelve months is now 30.76.

In the same vein, SKYT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.70, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be 0.10 at the market close of one year from today.

Technical Analysis of SkyWater Technology Inc (SKYT)

[SkyWater Technology Inc, SKYT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 39.47% While, its Average True Range was 0.85.

Raw Stochastic average of SkyWater Technology Inc (SKYT) in the period of the previous 100 days is set at 3.22%, which indicates a major fall in contrast to 4.68% 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 172.73% that was higher than 94.40% volatility it exhibited in the past 100-days period.