How to Buy Skyx Platforms Stock
Skyx Platforms Corp
SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings.
Skyx Platforms stock last closed at $1.00, down 6.54% from the previous day, and has increased 14.94% in one year. It has overperformed other stocks in the Electrical Equipment & Parts industry by 0.42 percentage points. Skyx Platforms stock is currently +33.69% from its 52-week low of $0.75, and -53.16% from its 52-week high of $2.14.
As of Apr 21, 2025, there are 104.47M shares of SKYX outstanding. The market value of SKYX is $104.47M. In the last 24 hours, 176,671 SKYX shares were traded.
How to Buy Skyx Platforms Stock
Not sure how to invest in Skyx Platforms stock? Here's how.
- Choose where to buy Skyx Platforms stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Skyx Platforms stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Analyze Skyx Platforms stock: The Skyx Platforms ticker symbol is SKYX. Is Skyx Platforms stock a good investment? Should you buy shares of SKYX? How do SKYX's underlying business fundamentals look? Do top analysts think Skyx Platforms is a good buy? Why has SKYX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if SKYX is a good stock to buy).
- Make your SKYX purchase: Decide if you will purchase SKYX shares at the current market price or use a limit order to purchase SKYX stock at a specific price.
- Get the latest scoop on your investment in SKYX: Create a watchlist to get live updates on your position in Skyx Platforms shares.
Step 1: Choose where to buy Skyx Platforms stock
You need an online brokerage account in order to access the NASDAQ market and buy SKYX shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Energy, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you can buy SKYX today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Analyze Skyx Platforms stock
After you have chosen the best place to buy Skyx Platforms stock, it's absolutely critical to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.
Overview of key SKYX info
Skyx Platforms Due Diligence Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on SKYX's stock page.
Is SKYX stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge SKYX's true value.
Using relative valuations ratios:
- SKYX could be overvalued based on its P/B ratio of 25.77x, relative to Electrical Equipment & Parts industry P/B ratio of 3.66x
You can access more valuation analysis on SKYX's stock here.
SKYX Financial Summary
Signs that SKYX is financially healthy:
- Total SKYX debt is lower than 5 years ago, relative to shareholder equity.
Signs that SKYX is not financially healthy:
- SKYX has a relatively high debt to equity ratio of 14.02.
- SKYX has $12.64M in cash and short term investments. This is not sufficient to cover its annual cash burn of $19.24M.
- SKYX has cash burn of 19241798. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the SKYX balance sheet.
- There are more long-term liabilities than short-term assets on the SKYX balance sheet.
- SKYX profit margin has gone up by 0.26 percentage points in the past year, but the company is still unprofitable.
You can dig deeper into what analysts are saying on the Skyx Platforms stock forecast page.
SKYX Trading Indicators
SKYX Performance Metrics
Last year, SKYX revenue was $86.28M. During the last five year, SKYX's revenue has increased by 86.64% per year. This was faster than the Electrical Equipment & Parts industry average of 12.55%.
Find out more about SKYX's earnings and revenue performance here.
What are SKYX executives and large shareholders up to?
Over the past year, insiders at SKYX have bought more shares than they have sold.
Marc Andre Boisseau, Chief Financial Officer of SKYX, was the latest SKYX insider to sell. They sold $17,259.42 worth of SKYX shares on Apr 5, 2025.
Dig into more about who owns SKYX stock here.
Can I get consistent income from SKYX stock?
No, Skyx Platforms doesn't provide an income stream by paying out dividends.
What do other investors have to say about SKYX?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your SKYX purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Click the Open button and eToro will execute the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in SKYX
Now that you own some SKYX stock, you'll want to keep up with your new investment.
Create a watchlist to keep track of your SKYX stock.
SKYX Feed
How to Buy Stock in Skyx Platforms
To reiterate, here are the 6 steps to buy Skyx Platforms stock:
- Choose where to buy Skyx Platforms stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Skyx Platforms stock
- Make your SKYX purchase
- Get the latest scoop on your investment in SKYX
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Skyx Platforms, create a watchlist today.
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