SKYX Platforms (SKYX) to Release Quarterly Earnings on Monday

SKYX Platforms (NASDAQ:SKYX) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, April 1st.

SKYX Platforms Stock Up 9.3 %

SKYX opened at $1.41 on Thursday. The stock has a fifty day moving average of $1.39 and a 200-day moving average of $1.50. The company has a market capitalization of $129.96 million, a P/E ratio of -3.20 and a beta of -2,719.06. SKYX Platforms has a fifty-two week low of $1.12 and a fifty-two week high of $3.96. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.73 and a current ratio of 0.90.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN lifted its position in shares of SKYX Platforms by 8,133.4% during the 2nd quarter. Wells Fargo & Company MN now owns 23,630 shares of the company’s stock valued at $63,000 after acquiring an additional 23,343 shares during the period. Virtu Financial LLC bought a new position in SKYX Platforms in the 4th quarter valued at about $57,000. SkyView Investment Advisors LLC acquired a new position in shares of SKYX Platforms in the 1st quarter valued at approximately $55,000. First Capital Advisors Group LLC. bought a new stake in shares of SKYX Platforms during the 1st quarter worth approximately $55,000. Finally, California State Teachers Retirement System acquired a new stake in shares of SKYX Platforms during the 2nd quarter worth approximately $50,000. 11.79% of the stock is owned by institutional investors.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings.