SKYQ Stock Summary and Trading Ideas (Sky Quarry | NASDAQ:SKYQ)

Sky Quarry Inc is a development-stage oil-producing and refining company. The company, along with its subsidiaries, is engaged in deploying technologies to facilitate the recycling of waste asphalt shingles and the remediation of oil-saturated soils. The recycling and production of oil from asphalt shingles is expected to reduce the dependence on landfills for the disposal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses. The company has one reportable segment: refined crude oil. The company refines crude oil to produce several key products, including Diesel, Liquid Asphalt, Vacuum Gas Oil (VGO), and Naphtha, each with distinct industrial applications.

Sky Quarry trades on the NASDAQ stock market under the symbol SKYQ.

As of March 20, 2026, SKYQ stock price declined to $2.84 with 131,080 million shares trading.

SKYQ has a beta of 1.37, meaning it tends to be more sensitive to market movements. SKYQ has a correlation of 0.04 to the broad based SPY ETF.

SKYQ has a market cap of $85.09 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that SKYQ belongs to (by Net Assets): VXF.

SKYQ has underperformed the market in the last year with a price return of -49.3% while the SPY ETF gained +15.6%. However, in the short term, SKYQ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +24.2% vs -4.7% return in SPY. But in the last 2 weeks, SKYQ shares have been beat by the market, returning -35.9% compared to an SPY return of -4.8%.

SKYQ support price is $2.90 and resistance is $3.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SKYQ shares will trade within this expected range on the day.