On Friday, SKYX Platforms Corp (NASDAQ: SKYX) was 3.37% up from the session before settling in for the closing price of $2.08. A 52-week range for SKYX has been $0.88 – $2.17.
A company in the Industrials sector has dropped its sales by -4.37% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 17.59%. With a float of $69.47 million, this company’s outstanding shares have now reached $112.67 million.
SKYX Platforms Corp (SKYX) Insider and Institutional Ownership
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 38.93%, while institutional ownership is 13.26%.
SKYX Platforms Corp (SKYX) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.11 earnings per share (EPS) during the time that was less than consensus figure (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
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 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.69.
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 1.18 million. That was better than the volume of 0.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.22%.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 95.97%, which indicates a significant increase from 93.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was higher than the 0.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.49, while its 200-day Moving Average is $1.29. However, in the short run, SKYX Platforms Corp’s stock first resistance to watch stands at $2.21. Second resistance stands at $2.27. The third major resistance level sits at $2.34. If the price goes on to break the first support level at $2.08, it is likely to go to the next support level at $2.01. The third support level lies at $1.95 if the price breaches the second support level.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
There are 113,749K outstanding shares of the company, which has a market capitalization of 244.56 million. As of now, sales total 86,280 K while income totals -35,770 K. Its latest quarter income was 23,890 K while its last quarter net income were -7,620 K.
