kicked off on Monday, with SKYX Platforms Corp (NASDAQ: SKYX) stock price up 4.65% from the previous day of trading, before settling in for the closing price of $1.29. SKYX’s price has ranged from $0.72 to $2.13 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 45819.26%. Meanwhile, its annual earnings per share averaged 41.67%. With a float of $64.51 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 Updates
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 37.57%, while institutional ownership is 8.16%.
SKYX Platforms Corp (SKYX) Performance Highlights and Predictions
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 41.67% per share during the next fiscal year.
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 1.65.
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 -0.11 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 0.44 million was inferior to 0.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.07%. Additionally, its Average True Range was 0.14.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 34.96%, which indicates a significant decrease from 73.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.97% in the past 14 days, which was lower than the 96.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5280, while its 200-day Moving Average is $1.1632. Now, the first resistance to watch is $1.4200. This is followed by the second major resistance level at $1.4900. The third major resistance level sits at $1.5400. If the price goes on to break the first support level at $1.3000, it is likely to go to the next support level at $1.2500. Assuming the price breaks the second support level, the third support level stands at $1.1800.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
With a market capitalization of 139.50 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.
