Skillz Inc. (NYSE:SKLZ - Get Free Report)'s share price traded up 2.1% during trading on Wednesday . The stock traded as high as $5.82 and last traded at $5.67. 59,938 shares were traded during trading, a decline of 44% from the average session volume of 107,055 shares. The stock had previously closed at $5.55.
Skillz Stock Up 1.4 %
The stock's 50-day moving average is $5.93 and its 200-day moving average is $5.69. The stock has a market cap of $101.80 million, a P/E ratio of -2.60 and a beta of 2.74. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.63.
Hedge Funds Weigh In On Skillz
Institutional investors and hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP grew its position in Skillz by 36.5% in the 3rd quarter. GSA Capital Partners LLP now owns 160,801 shares of the company's stock valued at $904,000 after buying an additional 42,998 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Skillz by 58.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 83,939 shares of the company's stock valued at $472,000 after buying an additional 30,903 shares in the last quarter. R Squared Ltd bought a new position in Skillz in the 4th quarter valued at about $35,000. Wealthquest Corp bought a new position in Skillz in the 3rd quarter valued at about $68,000. Finally, Two Sigma Advisers LP grew its position in Skillz by 144.1% in the 4th quarter. Two Sigma Advisers LP now owns 27,610 shares of the company's stock valued at $139,000 after buying an additional 16,300 shares in the last quarter. Institutional investors own 19.42% of the company's stock.
Skillz Company Profile
(
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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