SK Growth Opportunities (SKGR) Stock Price, News & Analysis

Company Overview

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

Key Stats

• Today's Range: $11.62 to $11.81
• 50-Day Range: $11.42 to $11.63
• 52-Week Range: $10.78 to $12.32
• Volume: 45,324 shs
• Average Volume: 78,269 shs
• Market Capitalization: $173.99 million
• P/E Ratio: 52.82
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SK Growth Opportunities Stock Analysis - MarketRank™

SK Growth Opportunities scored higher than 28% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SK Growth Opportunities.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of SK Growth Opportunities is 52.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of SK Growth Opportunities is 52.82, which means that it is trading at a more expensive P/E ratio than the Unclassified sector average P/E ratio of about 1.53.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.02% of the float of SK Growth Opportunities has been sold short.

Short Interest Ratio / Days to Cover

SK Growth Opportunities has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SK Growth Opportunities has recently increased by 5.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SK Growth Opportunities does not currently pay a dividend.

Dividend Growth

SK Growth Opportunities does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.02% of the float of SK Growth Opportunities has been sold short.

Short Interest Ratio / Days to Cover

SK Growth Opportunities has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SK Growth Opportunities has recently increased by 5.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.07

News Sentiment

SK Growth Opportunities has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Unclassified companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for SK Growth Opportunities this week, compared to 0 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SK Growth Opportunities insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.00% of the stock of SK Growth Opportunities is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

92.48% of the stock of SK Growth Opportunities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SKGR Stock Analysis - Frequently Asked Questions

How have SKGR shares performed this year?

SK Growth Opportunities' stock was trading at $10.82 on January 1st, 2024. Since then, SKGR stock has increased by 7.4% and is now trading at $11.62.
View the best growth stocks for 2024 here.

Who are SK Growth Opportunities' major shareholders?

SK Growth Opportunities' top institutional investors include Mizuho Securities USA LLC (4.30%), Wolverine Asset Management LLC (3.74%), Berkley W R Corp (2.72%) and Quarry LP (1.37%).

How do I buy shares of SK Growth Opportunities?

Shares of SKGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SK Growth Opportunities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SK Growth Opportunities investors own include Andretti Acquisition Corp. II (POLEU), Agriculture & Natural Solutions Acquisition (ANSC), Alpha Star Acquisition (ALSA), Alchemy Investments Acquisition Corp 1 (ALCY), AI Transportation Acquisition (AITR), Aimfinity Investment Corp. I (AIMAU) and Aimei Health Technology (AFJK).

Company Calendar

• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Unclassified
• Industry: Holding & other investment offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:SKGR
• Previous Symbol: NASDAQ:SKGR
• CUSIP: N/A
• CIK: 1912461
• Web: skgrowthopportunities.com
• Phone: 917-599-1622
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.22
• Trailing P/E Ratio: 52.82
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $8.14 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -28.24%
• Return on Assets: 3.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.08
• Quick Ratio: 0.08

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $1.55 per share
• Price / Cash Flow: 7.48
• Book Value: ($2.63) per share
• Price / Book: -4.42

Miscellaneous

• Outstanding Shares: 14,973,000
• Free Float: 9,732,000
• Market Cap: $173.99 million
• Optionable: Not Optionable
• Beta: 0.02