During the last session, SKYX Platforms Corp (NASDAQ:SKYX)’s traded shares were 0.37 million, with the beta value of the company hitting 2.32. At the end of the trading day, the stock’s price was $1.01, reflecting an intraday loss of -1.94% or -$0.02. The 52-week high for the SKYX share is $2.13, that puts it down -110.89 from that peak though still a striking 23.76% gain since the share price plummeted to a 52-week low of $0.77. The company’s market capitalization is $107.98M, and the average intraday trading volume over the past 10 days was 1.32 million shares, and the average trade volume was 607.82K 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. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.07.
SKYX Platforms Corp (NASDAQ:SKYX) trade information
SKYX Platforms Corp (SKYX) registered a -1.94% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.94% in intraday trading to $1.01, hitting a weekly high. The stock’s 5-day price performance is -9.82%, and it has moved by -21.09% in 30 days. Based on these gigs, the overall price performance for the year is -12.93%. The short interest in SKYX Platforms Corp (NASDAQ:SKYX) is 3.03 million shares and it means that shorts have 5.75 day(s) to cover.
SKYX Platforms Corp (SKYX) estimates and forecasts
In the rating firms’ projections, revenue will increase 15.41% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 22.95M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 26.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 21.45M and 22.17M respectively. In this case, analysts expect current quarter sales to grow by 7.01% and then jump by 20.44% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -4.37%. While earnings are projected to return 20.14% in 2025, the next five years will return 32.65% per annum.
SKYX Dividends
SKYX Platforms Corp is due to release its next quarterly earnings on 2025-May-14. 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 41.70% of total outstanding shares while institutional holders control 9.92%, with the float percentage being 17.01%. VANGUARD GROUP INC is the largest shareholder of the company, while 68.0 institutions own stock in it. As of 2024-06-30, the company held over 2.26 million shares (or 2.2686% 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 1.3636% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.29 million.
Also, the Mutual Funds coming in first place with the largest holdings of SKYX Platforms Corp (SKYX) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.61 shares. This amounts to just over 2.41 percent of the company’s overall shares, with a $1.62 million market value. The same data shows that the other fund manager holds slightly less at 863.12, or about 1.30% of the stock, which is worth about $0.87 million.
