It’s Not A Fantasy To Think That Skyline Builders Group Holding Ltd (SKBL) Has Big Future Potential

Skyline Builders Group Holding Ltd (NASDAQ:SKBL) currently has a daily average trading volume of 1.05M but it saw 1853545 shares traded in last market. With a market cap of 21.41M USD, the company’s current market price of $10.73 came rising about 4.79 while comparing to the previous closing price of $10.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.40 and as low as $3.68. In the recent trading on the day, stock has struck highest price mark of $8.98 while lowest mark touched by it was $10.79.

Taking a look at 20-day trading activity of Skyline Builders Group Holding Ltd (SKBL) gives us an average price of $9.28, while its current price level is -5.88% below from 52-week high level whereas it is 191.58% 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 18.35% during that period while stretching the period over a month that decreases to 13.55%. 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 63.72 which implies that the stock is in neutral territory.

Over the week, SKBL’s stock price is moving -0.28% down while it is 98.70% when we observe its performance for the past one month. Year-to-date it is 130.26% up and over the past year.

Currently, Skyline Builders Group Holding Ltd’s total number of outstanding shares is 28.23M. Stock has a price to book (P/B) ratio of 700.39.