Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Skyline Builders Group Holding Ltd’s current trading price is -86.04% away from its 52-week high, while its distance from the 52-week low is 101.01%. The stock’s price range over this period has fluctuated between $0.99 and $14.25. The company, operating within the financial sector, had a trading volume of approximately 2.15 million for the day, which was noticeably higher than the average daily share volume of 1.39 million over the last 3 months.
Skyline Builders Group Holding Ltd experienced a rather shaky stock market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Skyline Builders Group Holding Ltd (SKBL) has experienced a quarterly decline of -83.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 60.16M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.4132, with a change in price of -7.0100. Similarly, Skyline Builders Group Holding Ltd recorded 1,284,989 in trading volume during the last 100 days, posting a change of -77.89%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SKBL stands at 3.28. Similarly, the long-term debt-to-equity ratio is also 0.02.
SKBL Stock Stochastic Average
Today’s raw stochastic average for Skyline Builders Group Holding Ltd over the last 50 days is 7.54%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 8.01%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.38% and 7.32%, respectively.
SKBL Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag.
