With 15.62M Outstanding Shares, Can SKK Holdings Ltd (NASDAQ: SKK) Deliver Big Short-Term Gains?

SKK Holdings Ltd (NASDAQ:SKK) currently has a daily average trading volume of 631.62K but it saw 37638844 shares traded in last market. With a market cap of 17.28M USD, the company’s current market price of $1.10 came falling about -75.88 while comparing to the previous closing price of $4.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.11 and as low as $2.53. In the recent trading on the day, stock has struck highest price mark of $0.77 while lowest mark touched by it was $11.45.

Taking a look at 20-day trading activity of SKK Holdings Ltd (SKK) gives us an average price of $5.62, while its current price level is -90.10% below from 52-week high level whereas it is -56.52% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 313.00% during that period while stretching the period over a month that decreases to 90.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.48 which implies that the stock is in neutral territory.

Over the week, SKK’s stock price is moving -82.65% down while it is -78.68% when we observe its performance for the past one month. Year-to-date it is -81.82% down and over the past year.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Company’s return on investment (ROI) stands at 3.40% and return on equity (ROE) at 10.20%. It has a price to earnings ratio (P/E ratio) of 78.57. Stock has a price to book (P/B) ratio of 7.33 while price to sale or P/S ratio amounts to 1.76. Its return on asset (ROA) is 1.40% on average.