Skillz (SKLZ) Set to Announce Earnings on Thursday

Skillz (NYSE:SKLZ) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Skillz to post earnings of ($0.98) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Skillz Stock Performance

Shares of SKLZ opened at $5.70 on Wednesday. The company has a 50-day simple moving average of $5.66 and a 200-day simple moving average of $6.20. The company has a quick ratio of 6.38, a current ratio of 6.38 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $99.26 million, a PE ratio of -2.17 and a beta of 2.75. Skillz has a 52-week low of $4.72 and a 52-week high of $7.48.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SKLZ. Wedbush reaffirmed an “outperform” rating and issued a $15.00 price objective on shares of Skillz in a research note on Friday, August 2nd. Jefferies Financial Group cut their price target on Skillz from $7.00 to $6.50 and set a “hold” rating for the company in a research note on Thursday, July 11th.

About Skillz

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.