SKK Holdings Ltd (NASDAQ: SKK) Stock: Does It Have The Potential To Rise?

In today’s recent session, 3.97 million shares of the SKK Holdings Ltd (NASDAQ:SKK) were traded. Most recently the company’s share price was $0.58, and it changed around -$0.02 or -2.53% from the last close, which brings the market valuation of the company to $10.91M. SKK at last check was trading at a discount to its 52-week high of $11.45, offering almost -1874.14% off that amount. The share price’s 52-week low was $0.55, which indicates that the recent value has risen by an impressive 5.17% since then. We note from SKK Holdings Ltd’s average daily trading volume that its 10-day average is 71610.0 shares, with the 3-month average coming to 104.94K.

SKK Holdings Ltd (NASDAQ:SKK) trade information

Instantly SKK has been showing red trend so far today with a performance of -2.53% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.9200 on recent trading dayincreased the stock’s daily price by 36.96%. The company’s shares are currently down -41.23% year-to-date, but still down -12.21% over the last five days. On the other hand, SKK Holdings Ltd (NASDAQ:SKK) is -18.25% down in the 30-day period. We can see from the shorts that 0.28 million shares have been sold at a short interest cover period of 2.54 day(s).

SKK Dividends

SKK Holdings Ltd’s next quarterly earnings report is expected to be released in June.

SKK Holdings Ltd (NASDAQ:SKK)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 54.18% of SKK Holdings Ltd shares, and 0.21% of them are in the hands of institutional investors. The stock currently has a share float of 0.45%.

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