A share price of Skillsoft Corp [SKIL] is currently trading at $8.69, up 22.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SKIL shares have gain 43.64% over the last week, with a monthly amount drifted -17.24%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On January 28, 2022, Colliers Securities initiated with a Buy rating and assigned a price target of $13 on the stock. Oppenheimer started tracking the stock assigning a Perform rating. Barclays initiated its recommendation with a Overweight and recommended $12 as its price target on August 03, 2021. Piper Sandler started tracking with a Neutral rating for this stock on July 06, 2021, and assigned it a price target of $11. In a note dated June 24, 2021, B. Riley Securities initiated an Buy rating and provided a target price of $14 on this stock.
Skillsoft Corp experienced fluctuations in its stock price throughout the past year between $4.65 and $34.42. Currently, Wall Street analysts expect the stock to reach $2.3 within the next 12 months. Skillsoft Corp [NYSE: SKIL] shares were valued at $8.69 at the most recent close of the market. An investor can expect a potential drop of -73.53% based on the average SKIL price forecast.
Analyzing the SKIL fundamentals
Trailing Twelve Months sales for Skillsoft Corp [NYSE:SKIL] were 515.77M which represents -6.00% decline. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -2.65 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 144.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.69 points at the first support level, and at 6.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.27, and for the 2nd resistance point, it is at 9.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Skillsoft Corp [NYSE:SKIL] is 0.84. In addition, the Quick Ratio stands at 0.84 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 19.07.
