The trading price of Skyline Builders Group Holding Ltd (NASDAQ:SKBL) closed higher on Monday, June 16, and closing at $11.68, 5.51% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $14.25 and a 52-week low of $3.68. Over the past month, the stock has gained 2.46% in value.
Skyline Builders Group Holding Ltd, whose market valuation is $353.09 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that SKBL’s price is currently 9.46% off the SMA20 and 0.83% off the SMA50. The RSI metric on the 14-day chart is currently showing 56.40, and weekly volatility stands at 2.24%. When measured over the past 30 days, the indicator reaches 5.51%. Skyline Builders Group Holding Ltd (NASDAQ:SKBL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.95.
To see how Skyline Builders Group Holding Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: SKBL stock’s performance was 5.51% in the latest trading.
An evaluation of the daily trading volume of Skyline Builders Group Holding Ltd (NASDAQ:SKBL) indicates that the 3-month average is 810.87K.
Currently, records show that 28.23 million of the company’s shares remain outstanding. The insiders hold 69.36% of outstanding shares, whereas institutions hold 0.14%. However, since the stock’s price has seen 150.64% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
