Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook.
SKK Holdings Ltd experienced a rather shaky stock market performance.
52-week price history of SKK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SKK Holdings Ltd’s current trading price is -95.81% away from its 52-week high, while its distance from the 52-week low is 20.00%. The stock’s price range during this period has varied between$0.40 and $11.45. The SKK Holdings Ltd’s shares, which operate in the Industrials, saw a trading volume of around 1.25 million for the day, a figure considerably higher than their average daily volume of 0.32 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SKK Holdings Ltd (SKK) has experienced a quarterly decline of -26.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.01M and boasts a workforce of 169 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6406, with a change in price of -0.3100. Similarly, SKK Holdings Ltd recorded 249,903 in trading volume during the last 100 days, posting a change of -39.24%.
SKK’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SKK stands at 1.15. Similarly, the long-term debt-to-equity ratio is also 0.69.
SKK Stock Stochastic Average
As of today, SKK Holdings Ltd’s raw stochastic average for the last 50 days stands at 24.50%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 36.38%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 18.25% and 13.10%, respectively.
