The stock of Skillsoft Corp. (SKIL) has gone down by -2.44% for the week, with a -13.45% drop in the past month and a -40.30% drop in the past quarter. The volatility ratio for the week is 7.13%, and the volatility levels for the past 30 days are 10.40% for SKIL. The simple moving average for the past 20 days is 2.78% for SKIL’s stock, with a -49.37% simple moving average for the past 200 days.
Is It Worth Investing in Skillsoft Corp. (NYSE: SKIL) Right Now?
SKIL has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SKIL is 4.09M, and currently, short sellers hold a 5.96% ratio of that float. The average trading volume of SKIL on April 16, 2024 was 33.11K shares.
SKIL) stock’s latest price update
Skillsoft Corp. (NYSE: SKIL)’s stock price has soared by 5.87 in relation to previous closing price of 8.69. Nevertheless, the company has seen a loss of -2.44% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-15 that Skillsoft Corp. (NYSE:SKIL ) Q4 2024 Earnings Conference Call April 15, 2024 5:00 PM ET Company Participants Chad Lyne – Head of IR Jeff Tarr – CEO Ron Hovsepian – Executive Chair and Principal Executive Officer Richard Walker – CFO Conference Call Participants Sheldon McMeans – Barclays Raj Sharma – B. Riley Securities Operator Thank you for standing by and welcome to the Skillsoft Corp Fourth Quarter Fiscal 2024 Results Conference Call.
Analysts’ Opinion of SKIL
Barclays, on the other hand, stated in their research note that they expect to see SKIL reach a price target of $7. The rating they have provided for SKIL stocks is “Overweight” according to the report published on May 05th, 2022.
Colliers Securities gave a rating of “Buy” to SKIL, setting the target price at $13 in the report published on January 28th of the previous year.
SKIL Trading at -15.49% from the 50-Day Moving Average
After a stumble in the market that brought SKIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.78% of loss for the given period.
Volatility was left at 10.40%, however, over the last 30 days, the volatility rate increased by 7.13%, as shares sank -1.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.42% lower at present.
During the last 5 trading sessions, SKIL fell by -2.44%, which changed the moving average for the period of 200-days by -61.02% in comparison to the 20-day moving average, which settled at $8.94. In addition, Skillsoft Corp. saw -47.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SKIL starting from TARR JEFFREY R, who purchase 500 shares at the price of $16.18 back on Oct 03 ’23. After this action, TARR JEFFREY R now owns 61,078 shares of Skillsoft Corp., valued at $8,090 using the latest closing price.
TARR JEFFREY R, the CHIEF EXECUTIVE OFFICER of Skillsoft Corp., purchase 1,469 shares at $16.38 during a trade that took place back on Oct 02 ’23, which means that TARR JEFFREY R is holding 60,578 shares at $24,066 based on the most recent closing price.
Stock Fundamentals for SKIL
Current profitability levels for the company are sitting at:
- -0.26 for the present operating margin
- 0.63 for the gross margin
The net margin for Skillsoft Corp. stands at -0.25. The total capital return value is set at -0.1. Equity return is now at value -31.49, with -10.57 for asset returns.
Based on Skillsoft Corp. (SKIL), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 1.43. The interest coverage ratio of the stock is 6.91.
Currently, EBITDA for the company is 59.17 million with net debt to EBITDA at -12.97. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 3.75for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
To put it simply, Skillsoft Corp. (SKIL) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
