SKK Holdings Ltd (NASDAQ:SKK) price on current trading day, rose 148.66% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.86.
A look at the stock’s price movement, the level at last check in today’s session was $0.75, moving within a range at $0.729 and $2.18. Turning to its 52-week performance, $11.45 and $0.61 were the 52-week high and 52-week low respectively. Overall, SKK moved 28.28% over the past month.
SKK Holdings Ltd’s market cap currently stands at around $29.06 million, with investors looking forward to this quarter’s earnings report slated for in January.
SKK’s current price about 70.48% and -45.15% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.21, while 7-day volatility ratio is 15.22% and 13.80% in the 30-day chart. Further, SKK Holdings Ltd (SKK) has a beta value of 0, and an average true range (ATR) of 0.61.
If we refocus on SKK Holdings Ltd (NASDAQ:SKK), historical trading data shows that trading volumes averaged 0.41 over the past 10 days and 3.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 15.62 million shares.
The 72.00% of SKK Holdings Ltd’s shares are in the hands of company insiders. Also important is the data on short interest which shows that short shares stood at 0.65 million on 2024-11-29, giving us a short ratio of 0.09. The data shows that as of 2024-11-29 short interest in SKK Holdings Ltd (SKK) stood at 1371.0 of shares outstanding, with shares short rising to 13389.0 registered in 2024-10-31. Current price change has pushed the stock -69.26% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SKK stock continues to rise going into the next quarter.
