With 28.23M Outstanding Shares, Can Skyline Builders Group Holding Ltd (NASDAQ: SKBL) Deliver Big Short-Term Gains?

Skyline Builders Group Holding Ltd (NASDAQ:SKBL) currently has a daily average trading volume of 1.05M but it saw 1701692 shares traded in last market. With a market cap of 23.54M USD, the company’s current market price of $11.80 came rising about 1.20 while comparing to the previous closing price of $11.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.40 and as low as $3.68. In the recent trading on the day, stock has struck highest price mark of $11.03 while lowest mark touched by it was $12.4.

Taking a look at 20-day trading activity of Skyline Builders Group Holding Ltd (SKBL) gives us an average price of $10.70, while its current price level is -11.94% below from 52-week high level whereas it is 220.65% 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 11.25% during that period while stretching the period over a month that increases to 15.68%. 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 65.51 which implies that the stock is in neutral territory.

Over the week, SKBL’s stock price is moving 9.77% up while it is 28.54% when we observe its performance for the past one month. Year-to-date it is 153.22% up and over the past year.

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

Currently, Skyline Builders Group Holding Ltd’s total number of outstanding shares is 28.23M with 66.66% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 770.23.