On Monday, SKYX Platforms Corp (NASDAQ: SKYX) opened higher 16.83% from the last session, before settling in for the closing price of $1.01. Price fluctuations for SKYX have ranged from $0.72 to $1.87 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 45819.26%. Company’s average yearly earnings per share was noted 25.00% at the time writing. With a float of $64.32 million, this company’s outstanding shares have now reached $102.39 million.
The extent of productivity of a business whose workforce counts for 60 workers is very important to gauge. In terms of profitability, gross margin is 27.87%, operating margin of -40.75%, and the pretax margin is -44.92%.
SKYX Platforms Corp (SKYX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of SKYX Platforms Corp is 37.25%, while institutional ownership is 6.69%.
SKYX Platforms Corp (SKYX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.00% per share during the next fiscal year.
SKYX Platforms Corp (NASDAQ: SKYX) Trading Performance Indicators
Check out the current performance indicators for SKYX Platforms Corp (SKYX). In the past quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of SKYX Platforms Corp (SKYX)
The latest stats from [SKYX Platforms Corp, SKYX] show that its last 5-days average volume of 0.49 million was superior to 0.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.73%. Additionally, its Average True Range was 0.09.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 54.28%, which indicates a significant decrease from 83.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.60% in the past 14 days, which was lower than the 87.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1499, while its 200-day Moving Average is $1.0319. Now, the first resistance to watch is $1.2752. This is followed by the second major resistance level at $1.3705. The third major resistance level sits at $1.5209. If the price goes on to break the first support level at $1.0295, it is likely to go to the next support level at $0.8791. The third support level lies at $0.7838 if the price breaches the second support level.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
There are currently 102,502K shares outstanding in the company with a market cap of 120.95 million. Presently, the company’s annual sales total 58,790 K according to its annual income of -39,730 K. Last quarter, the company’s sales amounted to 22,170 K and its income totaled -8,620 K.
