In terms of market performance, SKYX Platforms Corp had a fairly uneven. The highest value for the stock in the past year was $1.95 on 11/17/23, and the lowest value was recorded at $0.72 on 04/19/24.
52-week price history of SKYX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SKYX Platforms Corp’s current trading price is -50.78% away from its 52-week high, while its distance from the 52-week low is 32.72%. The stock’s price range during the 52-week period has remained between $0.72 and $1.95. In the Industrials sector, the company’s shares saw a trading volume of around 1.2 million for the day, which was evidently higher than the average daily volume of 0.26 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
SKYX Platforms Corp (SKYX) has experienced a quarterly rise of 10.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 97.50M and boasts a workforce of 60 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9402, with a change in price of -0.1003. Similarly, SKYX Platforms Corp recorded 329,913 in trading volume during the last 100 days, posting a change of -9.46%.
Examining SKYX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SKYX stands at 4.62. Similarly, the long-term debt-to-equity ratio is also 3.30.
SKYX Stock Stochastic Average
SKYX Platforms Corp’s raw stochastic average for the past 50 days is presently 35.47%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 91.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.14% and 26.20%, respectively.
SKYX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -40.02% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -10.31%. Over the past 30 days, the price of SKYX has fallen by 7.81%. And in the last five days, it has surged by 10.95%.
