Skillz (NYSE:SKLZ - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($1.50) EPS for the quarter, missing analysts' consensus estimates of ($0.89) by ($0.61), Zacks reports. Skillz had a negative return on equity of 38.95% and a negative net margin of 40.87%. The company had revenue of $20.37 million for the quarter, compared to the consensus estimate of $25.07 million.
Skillz Trading Up 0.1 %
Shares of NYSE SKLZ traded up $0.01 during midday trading on Wednesday, hitting $4.59. The stock had a trading volume of 67,075 shares, compared to its average volume of 95,824. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.80 and a quick ratio of 5.80. Skillz has a fifty-two week low of $4.33 and a fifty-two week high of $7.48. The firm has a market cap of $79.92 million, a P/E ratio of -2.04 and a beta of 2.74. The company's 50-day simple moving average is $5.93 and its 200 day simple moving average is $5.61.
Wall Street Analyst Weigh In
Separately, Wedbush reiterated an "outperform" rating and set a $15.00 target price on shares of Skillz in a research report on Friday, March 14th.
Get Our Latest Stock Analysis on Skillz
About Skillz
(
Get Free Report)
Skillz Inc operates a mobile game platform in the United States and internationally. 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. The company distributes games through direct app download from its website, as well as through third-party platforms.
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