On Monday, SKYX Platforms Corp (NASDAQ: SKYX) was 4.13% up from the session before settling in for the closing price of $1.21. A 52-week range for SKYX has been $0.75 – $2.13.
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
A company in the Industrials sector has jumped its sales by 86.64% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 20.14%. With a float of $66.68 million, this company’s outstanding shares have now reached $104.95 million.
In an organization with 78 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.29%, operating margin of -35.39%, and the pretax margin is -40.2%.
SKYX Platforms Corp (SKYX) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SKYX Platforms Corp stocks. The insider ownership of SKYX Platforms Corp is 37.63%, while institutional ownership is 9.77%.
SKYX Platforms Corp (SKYX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 20.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.65% during the next five years compared to -4.37% drop over the previous five years of trading.
SKYX Platforms Corp (NASDAQ: SKYX) Trading Performance Indicators
You can see what SKYX Platforms Corp (SKYX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of SKYX Platforms Corp (SKYX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.54 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.29%. Additionally, its Average True Range was 0.09.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 30.28%, which indicates a significant decrease from 33.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.95% in the past 14 days, which was lower than the 91.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2157, while its 200-day Moving Average is $1.2318. However, in the short run, SKYX Platforms Corp’s stock first resistance to watch stands at $1.3427. Second resistance stands at $1.4255. The third major resistance level sits at $1.4718. If the price goes on to break the first support level at $1.2136, it is likely to go to the next support level at $1.1673. Assuming the price breaks the second support level, the third support level stands at $1.0845.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
There are 106,914K outstanding shares of the company, which has a market capitalization of 134.71 million. As of now, sales total 86,280 K while income totals -35,770 K. Its latest quarter income was 20,110 K while its last quarter net income were -9,050 K.
