SKK Holdings Ltd (NASDAQ: SKK) Recovers 91.11% From 52-Week Low, Is SKK Still A High-Risk, High-Reward Play?

SKK Holdings Ltd (NASDAQ:SKK) currently has a daily average trading volume of 4.29M but it saw 1397072 shares traded in last market. With a market cap of 18.28M USD, the company’s current market price of $1.17 came rising about 18.18 while comparing to the previous closing price of $0.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.45 and as low as $0.61. In the recent trading on the day, stock has struck highest price mark of $1.03 while lowest mark touched by it was $1.19.

Taking a look at 20-day trading activity of SKK Holdings Ltd (SKK) gives us an average price of $1.0355, while its current price level is -89.78% below from 52-week high level whereas it is 91.11% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.1525. A closer look into the stock’s movement over the week reveals that its volatility is standing at 69.43% during that period while stretching the period over a month that decreases to 25.79%. 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 41.64 which implies that the stock is in neutral territory.

Over the week, SKK’s stock price is moving 56.42% up while it is -8.59% when we observe its performance for the past one month. Year-to-date it is 18.18% up 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 -44.80%. Stock has a price to book (P/B) ratio of 11.70 while price to sale or P/S ratio amounts to 2.13. Its return on asset (ROA) is -6.30% on average.