Skillz Inc. (NYSE:SKLZ) price closed lower on Friday, Jan 22, sinking -4.08% below its previous close.

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A look at the daily price movement shows that the last close reads $29.2, with intraday deals fluctuated between $27.82 and $29.29. The company’s 5Y monthly beta was ticking 0 while its P/E ratio in the trailing 12-month period read 0. Taking into account the 52-week price action we note that the stock hit a 52-week high of $29.94 and 52-week low of $9.81. The stock added 41.75% on its value in the past month.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 5 analysts have assigned SKLZ a recommendation rating as follows: 1 rate it as a Hold; 4 advise Buy while none analyst(s) assign an Outperform rating. None analyst(s) have tagged the Skillz Inc. (SKLZ) stock as Underperform, with none recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0. The overview shows that SKLZ’s price is at present 23.4% off the SMA20 and 50.8% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 67.48, with weekly volatility standing at 7.98%. The indicator jumps to 9.9% when calculated based on the past 30 days. Skillz Inc. (NYSE:SKLZ)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 2.45. Considering analysts have assigned the stock a price target range of $27-$34 as the low and high respectively, we find the trailing 12-month average consensus price target to be $29.8. Based on this estimate, we see that current price is roughly -3.61% off the estimated low and 21.39% off the forecast high. Investors will no doubt be excited to see the share price rise to $28, which is the median consensus price, and at that level SKLZ would be -0.04% from current price.

Turning out attention to how the Skillz Inc. stock has performed in comparison to its peers in the industry, here’s what we find: SKLZ’s stock is -4.08% on the day and 0% in the past 12 months, while Las Vegas Sands (LVS) traded -2.17% in the last session and was positioned -21.99% down on its price 12 months ago. Another comparison is with Draftkings Inc (DKNG) whose stock price was down -1.92% in the last trading session, and has flourished +263.78% over the past year. Also, Penn Natl Gaming Inc (PENN) showed downtrend of -4.08% while its price kept floating at 0% over the past year. As for Skillz Inc., the P/E ratio stands at 0 lower than that of Las Vegas Sands’s at 0 and Draftkings Inc’s 0. Elsewhere in the market, the S&P 500 Index has fell -0.3% in last trading session, with the Dow Jones Industrial also saw a negative session on the day with -0.57%.

An analysis of the Skillz Inc. (NYSE:SKLZ) stock in terms of its daily trading volume indicates that the 3-month average is 4.48 Million. However, this figure increases on the past 10-day timeline to an average of 5.97 Million.

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