On Monday, SKYX Platforms Corp (NASDAQ: SKYX) opened lower -7.32% from the last session, before settling in for the closing price of $1.64. Price fluctuations for SKYX have ranged from $0.88 to $2.13 over the past 52 weeks.
Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -4.37%. Company’s average yearly earnings per share was noted 15.74% at the time writing. With a float of $68.59 million, this company’s outstanding shares have now reached $110.78 million.
SKYX Platforms Corp (SKYX) Breakdown of a Key Holders of the stock
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 39.05%, while institutional ownership is 12.86%.
SKYX Platforms Corp (SKYX) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.08) by 0.01. 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 15.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 48.21% 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
Check out the current performance indicators for SKYX Platforms Corp (SKYX). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of SKYX Platforms Corp (SKYX)
Compared to the last year’s volume of 0.55 million, its volume of 1.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.24%.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 76.71%, which indicates a significant increase from 70.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1484 in the past 14 days, which was higher than the 0.0876 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2448, while its 200-day Moving Average is $1.2754. Nevertheless, the first resistance level for the watch stands at $1.6100 in the near term. At $1.7000, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7500. If the price goes on to break the first support level at $1.4700, it is likely to go to the next support level at $1.4200. Now, if the price goes above the second support level, the third support stands at $1.3300.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
There are currently 112,546K shares outstanding in the company with a market cap of 172.56 million. Presently, the company’s annual sales total 86,280 K according to its annual income of -35,770 K. Last quarter, the company’s sales amounted to 23,060 K and its income totaled -8,830 K.
