Skyline Builders Group Holding Ltd (NASDAQ:SKBL) shares, rose in value on Wednesday, June 18, with the stock price up by 7.35% to the previous day’s close as strong demand from buyers drove the stock to $12.13.
Actively observing the price movement in the last trading, the stock closed the session at $11.30, falling within a range of $11.2 and $12.14. Referring to stock’s 52-week performance, its high was $14.25, and the low was $3.68. On the whole, SKBL has fluctuated by -5.60% over the past month.
With the market capitalization of Skyline Builders Group Holding Ltd currently standing at about $366.69 million, investors are eagerly awaiting this quarter’s results, scheduled for in July.
The stock’s technical analysis shows that the price of SKBL currently trading nearly 14.18% and 5.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.98, while the 7-day volatility ratio is showing 4.68% which for the 30-day chart, stands at 5.01%. Furthermore, Skyline Builders Group Holding Ltd (SKBL)’s average true range (ATR) is 0.94.
Data on historical trading for Skyline Builders Group Holding Ltd (NASDAQ:SKBL) indicates that the trading volumes over the past 10 days have averaged 0.98 and over the past 3 months, they’ve averaged 793.78K. According to company’s latest data on outstanding shares, there are 28.23 million shares outstanding.
Nearly 69.36% of Skyline Builders Group Holding Ltd’s shares belong to company insiders and institutional investors own 0.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.55 million shares as on 2025-05-30, resulting in a short ratio of 0.75. According to the data, the short interest in Skyline Builders Group Holding Ltd (SKBL) stood at 588.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.31 million. The stock has risen by 160.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SKBL stock heading into the next quarter.
