With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.68 million shares. The 52-week range on SKYE shows that it touched its highest point at $12.10 and its lowest point at $1.14 during that stretch. It currently has a 1-year price target of $16.67. Beta for the stock currently stands at 1.66.
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 SKYE was up-trending over the past week, with a rise of 4.09%, but this was up by 2.23% over a month. Three-month performance dropped to -10.55% while six-month performance fell -46.24%. The stock lost -80.34% in the past year, while it has lost -19.08% so far this year. A look at the trailing 12-month EPS for SKYE yields -0.83 with Next year EPS estimates of -1.46. For the next quarter, that number is -0.31. This implies an EPS growth rate of -66.62% for this year and -19.64% for next year.
Float and Shares Shorts:
At present, 30.97 million SKYE shares are outstanding with a float of 17.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SKYE since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.5 being high and -$0.84 being low. For SKYE, this leads to a yearly average estimate of -$0.64.
