Prudential Financial Inc. Makes New $36,000 Investment in SKYX Platforms Corp. (NASDAQ:SKYX)

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Prudential Financial Inc. bought a new stake in shares of SKYX Platforms Corp. (NASDAQ:SKYX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,200 shares of the company’s stock, valued at approximately $36,000. Other hedge funds have [...]

Prudential Financial Inc. bought a new stake in shares of SKYX Platforms Corp. (NASDAQ:SKYX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).

The fund bought 31,200 shares of the company’s stock, valued at approximately $36,000. Other hedge funds have also recently modified their holdings of the company. SlateStone Wealth LLC boosted its holdings in SKYX Platforms by 169.



8% during the 4th quarter. SlateStone Wealth LLC now owns 28,600 shares of the company’s stock valued at $33,000 after acquiring an additional 18,000 shares during the period. Certuity LLC lifted its position in shares of SKYX Platforms by 60.

6% during the fourth quarter. Certuity LLC now owns 28,259 shares of the company’s stock worth $33,000 after purchasing an additional 10,659 shares during the last quarter. Newbridge Financial Services Group Inc.

purchased a new stake in shares of SKYX Platforms during the fourth quarter valued at $42,000. Matrix Asset Advisors Inc. NY grew its holdings in shares of SKYX Platforms by 21.

8% in the fourth quarter. Matrix Asset Advisors Inc. NY now owns 158,333 shares of the company’s stock worth $184,000 after purchasing an additional 28,333 shares during the last quarter.

Finally, Clear Harbor Asset Management LLC bought a new position in shares of SKYX Platforms in the fourth quarter worth about $408,000. Institutional investors own 11.79% of the company’s stock.

SKYX Platforms Trading Up 2.9 %Shares of SKYX opened at $0.97 on Friday.

The firm has a market capitalization of $101.02 million, a price-to-earnings ratio of -2.42 and a beta of -3,394.

13. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.

62 and a quick ratio of 0.47. SKYX Platforms Corp.

has a 1-year low of $0.72 and a 1-year high of $2.14.

The company has a 50-day moving average of $1.39 and a 200 day moving average of $1.28.

SKYX Platforms (NASDAQ:SKYX – Get Free Report) last posted its quarterly earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.

08) by ($0.03). SKYX Platforms had a negative net margin of 44.

92% and a negative return on equity of 353.92%. The company had revenue of $23.

70 million for the quarter, compared to the consensus estimate of $22.93 million. On average, research analysts expect that SKYX Platforms Corp.

will post -0.34 EPS for the current year. SKYX Platforms Profile (Free Report)SKYX Platforms Corp.

provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products.

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