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An update from SQL Technologies ( (SKYX) ) is now available.
On May 2, 2025, SKYX Platforms Corp. amended its Certificate of Designation for Series A-1 Preferred Stock by increasing the designated shares from 400,000 to 480,000. This amendment, approved by the board and majority shareholders, reflects a strategic move to enhance the company’s capital structure.
Spark’s Take on SKYX Stock
According to Spark, TipRanks’ AI Analyst, SKYX is a Neutral.
SKYX Technologies is experiencing significant revenue growth and strategic partnerships that present a positive outlook. However, persistent losses, high leverage, and negative cash flow weigh heavily on the score. Technical indicators and valuation metrics provide mixed signals, contributing to a cautious overall score.
To see Spark’s full report on SKYX stock, click here.
More about SQL Technologies
Average Trading Volume: 410,618
Technical Sentiment Signal: Sell
Current Market Cap: $131.6M
See more data about SKYX stock on TipRanks’ Stock Analysis page.