SKYX Platforms Corp (NASDAQ:SKYX) currently has a daily average trading volume of 438.51K but it saw 453933 shares traded in last market. With a market cap of 126.16M USD, the company’s current market price of $1.18 came rising about 0.85 while comparing to the previous closing price of $1.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.13 and as low as $0.75. In the recent trading on the day, stock has struck highest price mark of $1.1601 while lowest mark touched by it was $1.24.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the ROTH MKM which initiated the stock as “Buy” in its note to investors issued on September 10, 2024, recommending a price target of $2 for it. The Benchmark Company also issued its recommendations for the stock as it initiated the price target for the stock is $15.
Over the week, SKYX’s stock price is moving -4.07% down while it is -18.06% when we observe its performance for the past one month. Year-to-date it is 1.72% up and over the past year, the stock is showing an upside performance of 35.85%.
The company is expected to be releasing its next quarterly report on 2025-May-14, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is -0.28. In next quarter, company is expected to be making quarterly sales of $26.7M as analysts are expecting the sales for current fiscal year at $99.58M and seeing the company making $129.38M in sales next year. Moreover, analysts are in estimates of $22.95M for current-quarter revenue.
Currently, SKYX Platforms Corp’s total number of outstanding shares is 104.95M. Company’s return on investment (ROI) stands at -106.37% and return on equity (ROE) at -395.45%. Stock’s beta reads 2.44. Stock has a price to sale or P/S ratio amounts to 1.44. Its return on asset (ROA) is -51.17% on average.
