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SKYT’s Stock Market Puzzle: Piecing Together 2023’s Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 55.72%. However, over the past six months, we’ve seen a weaker performance of 96.85%. The price of SKYT fallen by 77.70% over the last 30 days. And in the last five days, it has surged by 14.53%.

SkyWater Technology Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $19.00 on 12/18/24, with the lowest value being $5.63 on 08/05/24.

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52-week price history of SKYT Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. SkyWater Technology Inc’s current trading price is -21.16% away from its 52-week high, while its distance from the 52-week low is 166.07%. The stock’s price range for this period has been between $5.63 and $19.00. The Technology sector company’s shares saw a trading volume of about 1.13 million for the day, which was higher than the average daily volume of 0.66 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

SkyWater Technology Inc (SKYT) has experienced a quarterly rise of 73.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 713.89M and boasts a workforce of 731 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.32, with a change in price of +9.08. Similarly, SkyWater Technology Inc recorded 580,745 in trading volume during the last 100 days, posting a change of +142.91%.

SKYT’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for SKYT stands at 1.25. Similarly, the long-term debt-to-equity ratio is also 0.80.

SKYT Stock Stochastic Average

As of today, the raw stochastic average of SkyWater Technology Inc over the last 50 days is at 68.22%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 68.22%. Further, the company’s Stochastic %K and %D values for the last 20 days were 56.31% and 53.06%, respectively.

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