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Video Game Stock Rises Tuesday; Is It Time To Buy Skillz Inc (SKLZ)?

Tuesday, June 06, 2023 11:24 AM | InvestorsObserver Analysts

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Video Game Stock Rises Tuesday; Is It Time To Buy Skillz Inc (SKLZ)?

Skillz Inc (SKLZ) is a player in the Video Game industry that is higher by 9.65% Tuesday. InvestorsObserver is giving Skillz Inc (SKLZ) an Analyst Rating Rank of 16, meaning SKLZ is ranked higher by analysts than 16% of stocks. The average price target for SKLZ is $1.135 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
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!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Skillz Inc Stock Today?

Skillz Inc (SKLZ) stock is trading at $0.54 as of 11:20 AM on Tuesday, Jun 6, a rise of $0.05, or 9.65% from the previous closing price of $0.49. The stock has traded between $0.49 and $0.55 so far today. Volume today is 4,682,277 compared to average volume of 4,337,290. Click Here to get the full Stock Report for Skillz Inc stock.

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