In last trading session, SKYX Platforms Corp (NASDAQ:SKYX) saw 0.53 million shares changing hands with its beta currently measuring 2.49. Company’s recent per share price level of $1.03 trading at -$0.02 or -1.90% at ring of the bell on the day assigns it a market valuation of $105.58M. That closing price of SKYX’s stock is at a discount of -81.55% from its 52-week high price of $1.87 and is indicating a premium of 30.1% from its 52-week low price of $0.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.33 million shares which gives us an average trading volume of 432.18K if we extend that period to 3-months.
For SKYX Platforms Corp (SKYX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.
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SKYX Platforms Corp (NASDAQ:SKYX) trade information
Upright in the red during last session for losing -1.90%, in the last five days SKYX remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $1.03 price level, adding 11.21% to its value on the day. SKYX Platforms Corp’s shares saw a change of -35.63% in year-to-date performance and have moved -5.50% in past 5-day. SKYX Platforms Corp (NASDAQ:SKYX) showed a performance of 6.21% in past 30-days. Number of shares sold short was 3.17 million shares which calculate 8.71 days to cover the short interests.
SKYX Platforms Corp (SKYX) estimates and forecasts
Statistics highlight that SKYX Platforms Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -1.90% of value to its shares in past 6 months, showing an annual growth rate of 26.09% while that of industry is 16.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 46.59% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 24.29M for the same. And 4 analysts are in estimates of company making revenue of 27.02M in the next quarter. Company posted 22.17M and 18.98M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.95% during past 5 years.
SKYX Platforms Corp (NASDAQ:SKYX)’s Major holders
Insiders are in possession of 40.59% of company’s total shares while institution are holding 6.70 percent of that, with stock having share float percentage of 11.28%. Investors also watch the number of corporate investors in a company very closely, which is 6.70% institutions for SKYX Platforms Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SKYX for having 2.26 million shares of worth $2.14 million. And as of 2024-06-30, it was holding 2.3725 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 1.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.426 of outstanding shares, having a total worth of $1.29 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.59 shares of worth $1.64 million or 2.39% of the total outstanding shares. The later fund manager was in possession of 644.8 shares on Sep 30, 2024 , making its stake of worth around $0.66 million in the company or a holder of 0.97% of company’s stock.
