Now Is A Good Time To Buy SKYX Platforms Corp (NASDAQ: SKYX)

EVTL

During the last session, SKYX Platforms Corp (NASDAQ:SKYX)’s traded shares were 0.57 million, with the beta value of the company hitting 2.81. At the end of the trading day, the stock’s price was $1.33, reflecting an intraday gain of 9.02% or $0.11. The 52-week high for the SKYX share is $1.95, that puts it down -46.62 from that peak though still a striking 45.86% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $135.11M, and the average intraday trading volume over the past 10 days was 0.84 million shares, and the average trade volume was 340.54K shares over the past three months.

SKYX Platforms Corp (SKYX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. SKYX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

SKYX Platforms Corp (NASDAQ:SKYX) trade information

SKYX Platforms Corp (SKYX) registered a 9.02% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.02% in intraday trading to $1.33, hitting a weekly high. The stock’s 5-day price performance is 38.58%, and it has moved by 53.23% in 30 days. Based on these gigs, the overall price performance for the year is -5.67%. The short interest in SKYX Platforms Corp (NASDAQ:SKYX) is 3.02 million shares and it means that shorts have 17.49 day(s) to cover.

SKYX Platforms Corp (SKYX) estimates and forecasts

Statistics show that SKYX Platforms Corp has outperformed its competitors in share price, compared to the industry in which it operates. SKYX Platforms Corp (SKYX) shares have gone up 33.16% during the last six months, with a year-to-date growth rate more than the industry average at 26.09% against 17.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 3.95%. While earnings are projected to return 26.67% in 2024.

SKYX Dividends

SKYX Platforms Corp is due to release its next quarterly earnings on 2024-Aug-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

SKYX Platforms Corp (NASDAQ:SKYX)’s Major holders

SKYX Platforms Corp insiders own 40.61% of total outstanding shares while institutional holders control 9.40%, with the float percentage being 15.82%. VANGUARD GROUP INC is the largest shareholder of the company, while 69.0 institutions own stock in it. As of 2024-06-30, the company held over 2.26 million shares (or 2.3725% of all shares), a total value of $2.14 million in shares.

The next largest institutional holding, with 1.36 million shares, is of BLACKROCK INC.’s that is approximately 1.426% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.29 million.