SkyWater Technology Inc (SKYT) concluded trading on Wednesday at a closing price of $15.76, with 9.27 million shares of worth about $146.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 112.40% during that period and on December 18, 2024 the price saw a gain of about 20.49%. Currently the company’s common shares owned by public are about 47.64M shares, out of which, 22.24M shares are available for trading.
Stock saw a price change of 71.30% in past 5 days and over the past one month there was a price change of 99.49%. Year-to-date (YTD), SKYT shares are showing a performance of 63.83% which increased to 97.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.63 but also hit the highest price of $13.55 during that period. The average intraday trading volume for SkyWater Technology Inc shares is 432.37K. The stock is currently trading 69.92% above its 20-day simple moving average (SMA20), while that difference is up 67.22% for SMA50 and it goes to 76.83% higher than SMA200.
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SkyWater Technology Inc (NASDAQ: SKYT) currently have 47.64M outstanding shares and institutions hold larger chunk of about 26.71% of that.
The stock has a current market capitalization of $751.06M and its 3Y-monthly beta is at 3.68. It has posted earnings per share of -$0.35 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 1.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SKYT, volatility over the week remained 20.00% while standing at 9.53% over the month.
Stock’s fiscal year EPS is expected to rise by 72.59% while it is estimated to decrease by -57.21% in next year. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of -231.04% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on February 27, 2024 offering an Outperform rating for the stock and assigned a target price range of between $12 and $15 to it. Coverage by Needham stated SkyWater Technology Inc (SKYT) stock as a Buy in their note to investors on February 27, 2024, suggesting a price target of $15 for the stock. On April 26, 2022, Craig Hallum Initiated their recommendations, while on August 05, 2021, Jefferies Downgrade their ratings for the stock with a price target of $23. Stock get a Buy rating from Needham on July 16, 2021.
