The stock of SkyWater Technology Inc (SKYT) has seen a -11.33% decrease in the past week, with a 72.82% gain in the past month, and a 69.73% flourish in the past quarter. The volatility ratio for the week is 10.01%, and the volatility levels for the past 30 days are at 14.22% for SKYT. The simple moving average for the last 20 days is 16.99% for SKYT’s stock, with a simple moving average of 56.98% for the last 200 days.
Is It Worth Investing in SkyWater Technology Inc (NASDAQ: SKYT) Right Now?
Company’s 36-month beta value is 3.43.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SKYT is 22.24M, and currently, short sellers hold a 10.93% ratio of that floaft. The average trading volume of SKYT on January 03, 2025 was 757.24K shares.
SKYT) stock’s latest price update
SkyWater Technology Inc (NASDAQ: SKYT)’s stock price has gone rise by 5.72 in comparison to its previous close of 13.47, however, the company has experienced a -11.33% decrease in its stock price over the last five trading days. zacks.com reported 2024-12-26 that Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter?
Analysts’ Opinion of SKYT
Many brokerage firms have already submitted their reports for SKYT stocks, with TD Cowen repeating the rating for SKYT by listing it as a “Outperform.” The predicted price for SKYT in the upcoming period, according to TD Cowen is $15 based on the research report published on February 27, 2024 of the previous year 2024.
Needham, on the other hand, stated in their research note that they expect to see SKYT reach a price target of $15, previously predicting the price at $13. The rating they have provided for SKYT stocks is “Buy” according to the report published on February 27th, 2024.
Craig Hallum gave a rating of “Buy” to SKYT, setting the target price at $10 in the report published on April 26th of the previous year.
SKYT Trading at 38.14% from the 50-Day Moving Average
After a stumble in the market that brought SKYT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.05% of loss for the given period.
Volatility was left at 14.22%, however, over the last 30 days, the volatility rate increased by 10.01%, as shares surge +72.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.99% upper at present.
During the last 5 trading sessions, SKYT fell by -11.15%, which changed the moving average for the period of 200-days by +45.02% in comparison to the 20-day moving average, which settled at $12.17. In addition, SkyWater Technology Inc saw 3.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SKYT starting from Unterseher Loren A, who sale 7,761 shares at the price of $9.27 back on Dec 13 ’24. After this action, Unterseher Loren A now owns 12,806,264 shares of SkyWater Technology Inc, valued at $71,916 using the latest closing price.
Unterseher Loren A, the Director of SkyWater Technology Inc, sale 100,000 shares at $9.38 during a trade that took place back on Dec 06 ’24, which means that Unterseher Loren A is holding 12,919,620 shares at $937,740 based on the most recent closing price.
Stock Fundamentals for SKYT
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.18 for the gross margin
The net margin for SkyWater Technology Inc stands at -0.05. The total capital return value is set at -0.0. Equity return is now at value -27.62, with -5.35 for asset returns.
Based on SkyWater Technology Inc (SKYT), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.85. The debt to equity ratio resting at 1.08. The interest coverage ratio of the stock is -0.01.
Currently, EBITDA for the company is 14.14 million with net debt to EBITDA at 3.45. When we switch over and look at the enterprise to sales, we see a ratio of 2.13. The receivables turnover for the company is 3.85for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.
Conclusion
In a nutshell, SkyWater Technology Inc (SKYT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.