Skillz Inc (NYSE: SKLZ) on Tuesday, soared 11.62% from the previous trading day, before settling in for the closing price of $4.39. Within the past 52 weeks, SKLZ’s price has moved between $4.34 and $7.48.
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A company in the Communication Services sector has jumped its sales by 44.11% annually for the last half of the decade. The company achieved an average annual earnings per share of 54.04%. With a float of $11.13 million, this company’s outstanding shares have now reached $14.47 million.
In an organization with 225 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 86.93%, operating margin of -87.19%, and the pretax margin is -40.69%.
Skillz Inc (SKLZ) Insider and Institutional Ownership
Observing investor behavior towards Electronic Gaming & Multimedia industry stocks is more important than anything else. The insider ownership of Skillz Inc is 37.59%, while institutional ownership is 20.29%. The most recent insider transaction that took place on Nov 15 ’24, was worth 10,820. In this transaction Controller of this company sold 2,157 shares at a rate of $5.02, taking the stock ownership to the 6,855 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 2,157 for $5.02, making the entire transaction worth $10,820.
Skillz Inc (SKLZ) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 54.04% per share during the next fiscal year.
Skillz Inc (NYSE: SKLZ) Trading Performance Indicators
Skillz Inc (SKLZ) is currently performing well based on its current performance indicators. A quick ratio of 5.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.25, a number that is poised to hit -1.12 in the next quarter and is forecasted to reach -4.01 in one year’s time.
Technical Analysis of Skillz Inc (SKLZ)
Let’s dig in a bit further. During the last 5-days, its volume was 0.15 million. That was better than the volume of 0.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.28%. Additionally, its Average True Range was 0.25.
During the past 100 days, Skillz Inc’s (SKLZ) raw stochastic average was set at 27.94%, which indicates a significant decrease from 42.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.37% in the past 14 days, which was higher than the 45.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.32, while its 200-day Moving Average is $6.04. However, in the short run, Skillz Inc’s stock first resistance to watch stands at $5.14. Second resistance stands at $5.39. The third major resistance level sits at $5.79. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $4.09. The third support level lies at $3.84 if the price breaches the second support level.
Skillz Inc (NYSE: SKLZ) Key Stats
Market capitalization of the company is 87.41 million based on 17,431K outstanding shares. Right now, sales total 152,080 K and income totals -101,360 K. The company made 24,560 K in profit during its latest quarter, and -21,120 K in sales during its previous quarter.
