SKYX Platforms Corp (NASDAQ:SKYX) Up Almost 17.33% In One Month, Looking Good For The Long Term

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In last trading session, SKYX Platforms Corp (NASDAQ:SKYX) saw 0.63 million shares changing hands with its beta currently measuring 2.53. Company’s recent per share price level of $1.76 trading at -$0.08 or -4.35% at ring of the bell on the day assigns it a market valuation of $180.40M. That closing price of SKYX’s stock is at a discount of -21.02% from its 52-week high price of $2.13 and is indicating a premium of 59.09% from its 52-week low price of $0.72.

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.

SKYX Platforms Corp (NASDAQ:SKYX) trade information

Upright in the red during last session for losing -4.35%, in the last five days SKYX remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $1.76 price level, adding 15.18% to its value on the day. SKYX Platforms Corp’s shares saw a change of 51.72% in year-to-date performance and have moved -10.20% in past 5-day. SKYX Platforms Corp (NASDAQ:SKYX) showed a performance of 17.33% in past 30-days.

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. In 2025, company’s earnings growth rate is likely to be around 25.00% while estimates for its earnings growth in next 5 years are of 36.54%.

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

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 $2.8 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 $1.13 million in the company or a holder of 0.97% of company’s stock.