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 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.

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

As of December 13, 2024, SKYQ stock price declined to $0.94 with 82,413 million shares trading.

SKYQ has a market cap of $17.71 million. This is considered a Sub-Micro Cap stock.

SKYQ support price is $.86 and resistance is $1.06 (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.