Ideas And Forecasts On SKK Holdings Ltd (NASDAQ: SKK)

SKK Holdings Ltd (NASDAQ:SKK) currently has a daily average trading volume of 4.85M but it saw 1798579 shares traded in last market. With a market cap of 19.84M USD, the company’s current market price of $1.27 came falling about -14.77 while comparing to the previous closing price of $1.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.45 and as low as $0.77. In the recent trading on the day, stock has struck highest price mark of $1.16 while lowest mark touched by it was $1.57.

Taking a look at 20-day trading activity of SKK Holdings Ltd (SKK) gives us an average price of $4.8513, while its current price level is -88.91% below from 52-week high level whereas it is 64.94% 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 304.42% during that period while stretching the period over a month that decreases to 92.48%. 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 33.76 which implies that the stock is in neutral territory.

Over the week, SKK’s stock price is moving -72.15% down while it is -79.42% when we observe its performance for the past one month. Year-to-date it is -79.01% down and over the past year.

Currently, SKK Holdings Ltd’s total number of outstanding shares is 15.62M. 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 90.71. Stock has a price to book (P/B) ratio of 8.47 while price to sale or P/S ratio amounts to 2.02. Its return on asset (ROA) is 1.40% on average.