Esports stock Skillz Inc (SKLZ) higher by -12.59% Thursday. Analysts who follow Skillz Inc (SKLZ) on average expect it to gain 165.00% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns Skillz Inc an Analyst Ranking of 30, which means it ranks higher than 30 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating SKLZ a Buy today. Find out what this means to you and get the rest of the rankings on SKLZ!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Skillz Inc Stock Today?
Skillz Inc (SKLZ) stock is lower by -12.59% while the S&P 500 is higher by 0.05% as of 9:50 AM on Thursday, Nov 9. SKLZ is down -$0.72 from the previous closing price of $5.72 on volume of 53,146 shares. Over the past year the S&P 500 has risen 16.98% while SKLZ is down -72.41%. SKLZ lost -$13.83 per share the over the last 12 months.
Click Here to get the full Stock Report for Skillz Inc stock.
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