The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Skyline Builders Group Holding Ltd’s current trading price is -89.47% away from its 52-week high, while its distance from the 52-week low is 51.52%. The stock’s price range for this period has been between $0.99 and $14.25 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 2.91 million for the day, a number notably higher than the average daily volume of 1.23 million over the last three months.
Skyline Builders Group Holding Ltd ‘s stock market performance has been somewhat erratic.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Skyline Builders Group Holding Ltd (SKBL) has experienced a quarterly decline of -87.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.34M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.7497, with a change in price of -5.3400. Similarly, Skyline Builders Group Holding Ltd recorded 1,211,124 in trading volume during the last 100 days, posting a change of -78.07%.
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
As of today, Skyline Builders Group Holding Ltd’s raw stochastic average for the last 50 days stands at 3.85%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 4.08%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 3.12% and 2.34%, respectively.
SKBL Stock Price Performance Analysis
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.
