SKK (NASDAQ:SKK) Stock Price Down 0.7% – What’s Next?

SKK Holdings Limited (NASDAQ:SKK) shares fell 0.7% during trading on Wednesday . The company traded as low as $4.40 and last traded at $4.47. 2,299 shares were traded during trading, a decline of 79% from the average daily volume of 10,959 shares. The stock had previously closed at $4.50.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SKK in a report on Friday, July 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

SKK Stock Down 6.3%

The stock has a 50 day simple moving average of $4.74 and a two-hundred day simple moving average of $3.63. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.74 and a current ratio of 0.74.

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.