SKK Holdings Limited (NASDAQ:SKK) Short Interest Update

SKK Holdings Limited (NASDAQ:SKK) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,015 shares, a decline of 95.9% from the February 26th total of 24,712 shares. Based on an average daily trading volume, of 54,453 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 54,453 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SKK in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, SKK has an average rating of “Sell”.

SKK Trading Down 3.3%

Shares of SKK traded down $0.01 during midday trading on Tuesday, hitting $0.28. The company’s stock had a trading volume of 39,521 shares, compared to its average volume of 146,818. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.10. SKK has a one year low of $0.21 and a one year high of $0.99. The company’s fifty day simple moving average is $0.29 and its two-hundred day simple moving average is $0.33.

About SKK

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.