A new trading day began on Monday, with SKYX Platforms Corp (NASDAQ: SKYX) stock price down -3.88% from the previous day of trading, before settling in for the closing price of $2.32. SKYX’s price has ranged from $0.88 to $2.57 over the past 52 weeks.
During the last 5-year period, the sales drop of Industrials Sector giant was -4.37%. Meanwhile, its annual earnings per share averaged 13.89%. With a float of $69.44 million, this company’s outstanding shares have now reached $112.67 million.
SKYX Platforms Corp (SKYX) Breakdown of a Key Holders of the stock
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 38.95%, while institutional ownership is 13.27%.
SKYX Platforms Corp (SKYX) Recent Fiscal highlights
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.11 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 13.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 39.43% 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
Here are SKYX Platforms Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of SKYX Platforms Corp (SKYX)
Looking closely at SKYX Platforms Corp (NASDAQ: SKYX), its last 5-days average volume was 0.6 million, which is a drop from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 74.19%.
During the past 100 days, SKYX Platforms Corp’s (SKYX) raw stochastic average was set at 78.06%, which indicates a significant increase from 48.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.14 in the past 14 days, which was higher than the 0.12 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.91, while its 200-day Moving Average is $1.36. However, in the short run, SKYX Platforms Corp’s stock first resistance to watch stands at $2.29. Second resistance stands at $2.36. The third major resistance level sits at $2.40. If the price goes on to break the first support level at $2.18, it is likely to go to the next support level at $2.14. Now, if the price goes above the second support level, the third support stands at $2.07.
SKYX Platforms Corp (NASDAQ: SKYX) Key Stats
With a market capitalization of 253.66 million, the company has a total of 113,749K Shares Outstanding. Currently, annual sales are 86,280 K while annual income is -35,770 K. The company’s previous quarter sales were 23,890 K while its latest quarter income was -7,620 K.
