Sky Quarry Inc (SKYQ) Stock: Analyzing the Market Value

The public float for SKYQ is 17.51M, and currently, shorts hold a 0.41% of that float. The average trading volume for SKYQ on December 27, 2024 was 193.59K shares.

SKYQ) stock’s latest price update

The stock price of Sky Quarry Inc (NASDAQ: SKYQ) has dropped by -4.39 compared to previous close of 1.14. Despite this, the company has seen a gain of 10.68% in its stock price over the last five trading days. globenewswire.com reported 2024-12-03 that WOODS CROSS, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has partnered with Zacks Small-Cap Research to release a new research report titled Developing a New Approach to Recycling Waste Asphalt Shingles. This partnership with Zacks marks a key step in expanding awareness of Sky Quarry’s business and advancing its mission to transform the waste-to-energy industry.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

SKYQ’s Market Performance

The volatility ratio for the week is 11.21%, and the volatility levels for the past 30 days are at 13.76% for SKYQ. The simple moving average for the past 20 days is 11.42% for SKYQ’s stock, with a -40.30% simple moving average for the past 200 days.

SKYQ Trading at -35.33% from the 50-Day Moving Average

After a stumble in the market that brought SKYQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.15% of loss for the given period.

Volatility was left at 13.76%, however, over the last 30 days, the volatility rate increased by 11.21%, as shares surge +31.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -65.97% lower at present.

During the last 5 trading sessions, SKYQ rose by +11.22%, in comparison to the 20-day moving average, which settled at $0.9780. In addition, Sky Quarry Inc saw -73.48% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SKYQ starting from LAUN MARCUS G, who purchase 1,200 shares at the price of $0.94 back on Dec 03 ’24. After this action, LAUN MARCUS G now owns 1,292,978 shares of Sky Quarry Inc, valued at $1,128 using the latest closing price.

Stock Fundamentals for SKYQ

Equity return is now at value -80.01, with -38.38 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.31.

Conclusion

In conclusion, Sky Quarry Inc (SKYQ) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.

Most Popular

Related Posts