With 1.42 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $16.2 whereas the lowest price it dropped to was $14.37. The 52-week range on SKYT shows that it touched its highest point at $19.00 and its lowest point at $5.63 during that stretch. It currently has a 1-year price target of $12.30. Beta for the stock currently stands at 3.65.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SKYT was up-trending over the past week, with a rise of 1.90%, but this was up by 86.74% over a month. Three-month performance surged to 77.46% while six-month performance rose 113.00%. The stock gained 63.29% in the past year, while it has gained 66.94% so far this year. A look at the trailing 12-month EPS for SKYT yields -0.35 with Next year EPS estimates of -0.07. For the next quarter, that number is -0.06. This implies an EPS growth rate of 72.59% for this year and -57.21% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -231.04%.
Float and Shares Shorts:
At present, 47.64 million SKYT shares are outstanding with a float of 22.24 million shares on hand for trading. On 2024-11-29, short shares totaled 2.33 million, which was 490.00002 higher than short shares on 1730332800. In addition to Mr. Thomas J. Sonderman as the firm’s CEO & Director, Mr. John Sakamoto serves as its President & COO.
Institutional Ownership:
Through their ownership of 0.2744 of SKYT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-29, SKYT reported revenue of $93817000.0 and operating income of $4709000.0. The EBITDA in the recently reported quarter was $8875000.0 and diluted EPS was $0.03.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SKYT since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SKYT analysts setting a high price target of 15.0 and a low target of 8.5, the average target price over the next 12 months is 11.875. Based on these targets, SKYT could drop -6.6% to reach the target high and fall by -47.07% to reach the target low. Reaching the average price target will result in a decline of -26.06% from current levels.
Analysts have provided yearly estimates in a range of -$0.04633687 being high and -$0.04701219 being low. For SKYT, this leads to a yearly average estimate of -$0.0466. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.04.
