On Friday, SKYX Platforms Corp (NASDAQ: SKYX) opened higher 5.88% from the last session, before settling in for the closing price of $1.7. Price fluctuations for SKYX have ranged from $0.88 to $2.13 over the past 52 weeks.
A company in the Industrials sector has dropped its sales by -4.37% annually for the last half of the decade. Company’s average yearly earnings per share was noted 17.59% at the time writing. With a float of $69.47 million, this company’s outstanding shares have now reached $112.67 million.
SKYX Platforms Corp (SKYX) Insider Updates
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 38.72%, while institutional ownership is 13.26%.
SKYX Platforms Corp (SKYX) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.07) by -0.04. 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 17.59% 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 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.17 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 0.8 million. That was better than the volume of 0.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.07%.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 90.81%, which indicates a significant increase from 90.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1452 in the past 14 days, which was higher than the 0.0984 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4267, while its 200-day Moving Average is $1.2841. However, in the short run, SKYX Platforms Corp’s stock first resistance to watch stands at $1.8800. Second resistance stands at $1.9600. The third major resistance level sits at $2.0800. If the price goes on to break the first support level at $1.6800, it is likely to go to the next support level at $1.5600. Assuming the price breaks the second support level, the third support level stands at $1.4800.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
There are currently 113,749K shares outstanding in the company with a market cap of 204.75 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 23,890 K and its income totaled -7,620 K.
