Skillz Inc. (NYSE:SKLZ – Get Rating) has earned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $3.75.
A number of analysts recently weighed in on the stock. BTIG Research downgraded shares of Skillz from a “neutral” rating to a “sell” rating in a research report on Wednesday, October 12th. Canaccord Genuity Group downgraded shares of Skillz from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. Canaccord Genuity Group downgraded shares of Skillz from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, Citigroup cut their price target on shares of Skillz from $1.55 to $1.50 in a research report on Wednesday, August 31st.
Skillz Stock Performance
Shares of NYSE:SKLZ opened at $0.97 on Friday. The company has a market capitalization of $407.69 million, a price-to-earnings ratio of -1.01 and a beta of 2.20. The firm’s 50 day simple moving average is $1.03 and its 200 day simple moving average is $1.36. The company has a debt-to-equity ratio of 0.63, a current ratio of 9.25 and a quick ratio of 9.25. Skillz has a fifty-two week low of $0.83 and a fifty-two week high of $10.17.
Institutional Investors Weigh In On Skillz
Skillz Company Profile
Skillz Inc operates a mobile games platform that connects players in fair, fun, and meaningful competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide.
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