A new trading day began on Monday, with SKYX Platforms Corp (NASDAQ: SKYX) stock price up 7.89% from the previous day of trading, before settling in for the closing price of $1.14. SKYX’s price has ranged from $0.72 to $2.13 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 45819.26% over the last five years. Meanwhile, its annual earnings per share averaged 25.00%. With a float of $64.77 million, this company’s outstanding shares have now reached $102.39 million.
The firm has a total of 60 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of SKYX Platforms Corp is 37.32%, while institutional ownership is 8.16%.
SKYX Platforms Corp (SKYX) Earnings and Forecasts
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.54% during the next five years compared to 3.95% growth over the previous five years of trading.
SKYX Platforms Corp (NASDAQ: SKYX) Trading Performance Indicators
Here are SKYX Platforms Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of SKYX Platforms Corp (SKYX)
Analysing the last 5-days average volume posted by the [SKYX Platforms Corp, SKYX], we can find that recorded value of 0.44 million was lower than the volume posted last year of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 20.55%. Additionally, its Average True Range was 0.14.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 25.01%, which indicates a significant increase from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.71% in the past 14 days, which was lower than the 99.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5336, while its 200-day Moving Average is $1.1536. Now, the first resistance to watch is $1.2933. This is followed by the second major resistance level at $1.3567. The third major resistance level sits at $1.4433. If the price goes on to break the first support level at $1.1433, it is likely to go to the next support level at $1.0567. Should the price break the second support level, the third support level stands at $0.9933.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
With a market capitalization of 127.10 million, the company has a total of 102,502K Shares Outstanding. Currently, annual sales are 58,790 K while annual income is -39,730 K. The company’s previous quarter sales were 22,170 K while its latest quarter income was -8,620 K.
