Do Analysts Think SKK Holdings Ltd (SKK) Is Still Worth Buying In 2024?

SKK Holdings Ltd (NASDAQ:SKK) does about 4.78M shares in volume on a normal day but saw 926999 shares change hands in the recent trading day. The company now has a market cap of 20.16M USD. Its current market price is $1.29, marking an increase of 0.78% compared to the previous close of $1.28. The 52 week high reached by this stock is $11.45 whilst the lowest price level in 52 weeks is $0.77.

SKK Holdings Ltd (SKK) has a 20-day trading average at $4.3327 and the current price is -88.73% off the 52-week high compared with 67.53% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 18.02%, which increases to 91.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.26 to suggest the stock is neutral.

The current price level is -70.23%, -70.49%, and -70.49% away from its SMA20, SMA50, and SMA200 respectively, with the SKK price moving above the 50-day SMA on current market day. SKK Holdings Ltd (SKK) stock is down -11.03% over the week and -72.67% over the past month. Its price is -78.68% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The company has a return on investment of 3.40% and return on equity of 10.20%. The price to earnings ratio (P/E ratio) amounts to 92.14. Price to book ratio is 8.60 and price to sales ratio is 2.06.