SKK Holdings Limited (NASDAQ:SKK) Short Interest Update

SKK Holdings Limited (NASDAQ:SKK) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 39,652 shares, a growth of 183.3% from the April 15th total of 13,998 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 196,075 shares, the short-interest ratio is presently 0.2 days.

SKK Stock Performance

SKK stock opened at $3.39 on Friday. SKK has a twelve month low of $1.61 and a twelve month high of $17.95. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.74 and a quick ratio of 0.74. The business’s fifty day moving average is $2.78 and its 200-day moving average is $3.01.

SKK (NASDAQ:SKK) last released its earnings results on Friday, April 10th. The company reported $0.62 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised SKK from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

SKK Company Profile

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works. It serves government authorities, utility companies, or contractors.