Company’s 36-month beta value is 2.44.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SKYX is 66.68M, and currently, short sellers hold a 4.81% ratio of that floaft. The average trading volume of SKYX on June 19, 2025 was 438.51K shares.
SKYX) stock’s latest price update
SKYX Platforms Corp (NASDAQ: SKYX) has seen a rise in its stock price by 0.85 in relation to its previous close of 1.17. However, the company has experienced a -4.07% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-28 that Company to Deploy Over 500,000 Smart Home Units in $3 Billion Development; Joins Russell 2000® and 3000® Indexes NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — PRISM MarketView, an investor-focused platform tracking small and emerging growth companies, today featured SKYX Platforms Corp. (NASDAQ: SKYX) following a series of significant milestones, including its selection as the exclusive smart home infrastructure provider for a $3 billion mixed-use development in Miami and its upcoming inclusion in the Russell 2000® and Russell 3000® Indexes. The 63-acre Miami project, located in the Little River District, will integrate SKYX’s patented plug & play technologies across more than 5,700 residential units, including 2,400 affordable apartments.
SKYX’s Market Performance
SKYX’s stock has fallen by -4.07% in the past week, with a monthly drop of -18.06% and a quarterly drop of -4.07%. The volatility ratio for the week is 4.84% while the volatility levels for the last 30 days are 3.27% for SKYX Platforms Corp The simple moving average for the last 20 days is -7.23% for SKYX stock, with a simple moving average of -4.45% for the last 200 days.
Analysts’ Opinion of SKYX
Many brokerage firms have already submitted their reports for SKYX stocks, with ROTH MKM repeating the rating for SKYX by listing it as a “Buy.” The predicted price for SKYX in the upcoming period, according to ROTH MKM is $2 based on the research report published on September 10, 2024 of the previous year 2024.
Noble Capital Markets, on the other hand, stated in their research note that they expect to see SKYX reach a price target of $5. The rating they have provided for SKYX stocks is “Outperform” according to the report published on April 29th, 2024.
The Benchmark Company gave a rating of “Buy” to SKYX, setting the target price at $15 in the report published on July 28th of the previous year.
SKYX Trading at -3.48% from the 50-Day Moving Average
After a stumble in the market that brought SKYX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.73% of loss for the given period.
Stock Fundamentals for SKYX
Current profitability levels for the company are sitting at:
- -0.35 for the present operating margin
- 0.28 for the gross margin
The net margin for SKYX Platforms Corp stands at -0.4. The total capital return value is set at -0.89. Equity return is now at value -395.45, with -51.17 for asset returns.
Based on SKYX Platforms Corp (SKYX), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at -0.42. The debt to equity ratio resting at -53.92. The interest coverage ratio of the stock is -15.89.
Currently, EBITDA for the company is -27.65 million with net debt to EBITDA at -1.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 31.09for trailing twelve months and the total asset turnover is 1.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.
Conclusion
In a nutshell, SKYX Platforms Corp (SKYX) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
