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Skyline Builders Group Holding Ltd (SKBL) Stock Could Soon Reward Patient Investors

Skyline Builders Group Holding Ltd (NASDAQ: SKBL) is 46.78% higher on its value in year-to-date trading and has touched a low of $3.68 and a high of $6.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SKBL stock was last observed hovering at around $6.38 in the last trading session, with the day’s gains setting it 0.46%.

Currently trading at $6.84, the stock is 38.92% and 38.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing 7.21% at the moment leaves the stock 38.92% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $4.9235296 and a 200-day simple moving average (SMA200) of $4.9235296.

Distance from 52-week low is 85.87% and -1.58% from its 52-week high.

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Skyline Builders Group Holding Ltd (SKBL) Top Institutional Holders

The shares outstanding are 26.50M, and float is at 8.69M with Short Float at 1.82%.

Skyline Builders Group Holding Ltd (SKBL) Insider Activity

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