Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. SKK Holdings Ltd’s current trading price is -90.74% away from its 52-week high, while its distance from the 52-week low is 73.15%. The stock’s price range during this period has varied between $0.61 and $11.45. The company, active in the Industrials sector, saw a trading volume of around 1.73 million for the day, considerably lower average daily volume of 4.09 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
SKK Holdings Ltd (SKK) has experienced a quarterly decline of -76.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.56M and boasts a workforce of 136 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How SKK’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SKK stands at 4.73. Similarly, the long-term debt-to-equity ratio is also 0.87.
SKK Stock Stochastic Average
As of today, the raw stochastic average of SKK Holdings Ltd over the last 50 days is at 4.13%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 18.82%. Further, the company’s Stochastic %K and %D values for the last 20 days were 18.36% and 19.52%, respectively.
SKK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 7.07%. Over the last 30 days, the price of SKK has fallen by 55.88%. And in the last five days, it has fallen by 0.00%.
