Key Points
- CEO David Sealock sold 100,000 shares on Nov. 26 at $0.35 for $35,000, and has sold an additional 250,000 shares across October–November — about 350,000 shares sold in total — reducing his direct stake to 415,572 shares (a 19.4% decrease).
- Sky Quarry shares trade near $0.36 with a 50‑day/200‑day moving average of $0.45/$0.57, a market cap of $8.85M and a negative P/E; last quarter EPS was ($0.17) on $1.34M revenue, with markedly negative ROE (176.1%) and net margin (-82.54%).
- JPMorgan Chase & Co. acquired 2,249,882 shares (about $1.39M) and held 10.51% at quarter end, while Weiss Ratings and MarketBeat’s consensus currently rate the stock as a Sell.
Sky Quarry Inc. (NASDAQ:SKYQ - Get Free Report) CEO David Sealock sold 100,000 shares of the firm's stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $0.35, for a total transaction of $35,000.00. Following the completion of the transaction, the chief executive officer directly owned 415,572 shares in the company, valued at $145,450.20. This trade represents a 19.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
David Sealock also recently made the following trade(s):
- On Friday, November 7th, David Sealock sold 38,062 shares of Sky Quarry stock. The stock was sold at an average price of $0.40, for a total transaction of $15,224.80.
- On Wednesday, November 5th, David Sealock sold 20,405 shares of Sky Quarry stock. The shares were sold at an average price of $0.41, for a total transaction of $8,366.05.
- On Monday, November 3rd, David Sealock sold 109,698 shares of Sky Quarry stock. The shares were sold at an average price of $0.45, for a total transaction of $49,364.10.
- On Friday, October 31st, David Sealock sold 81,835 shares of Sky Quarry stock. The stock was sold at an average price of $0.46, for a total transaction of $37,644.10.
Sky Quarry Stock Performance
Shares of Sky Quarry stock opened at $0.36 on Friday. The firm has a fifty day moving average of $0.45 and a two-hundred day moving average of $0.57. The stock has a market capitalization of $8.85 million and a price-to-earnings ratio of -0.59. Sky Quarry Inc. has a 52 week low of $0.31 and a 52 week high of $1.94.
Sky Quarry (NASDAQ:SKYQ - Get Free Report) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.17) EPS for the quarter. The company had revenue of $1.34 million for the quarter. Sky Quarry had a negative return on equity of 176.10% and a negative net margin of 82.54%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Sky Quarry in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sky Quarry currently has a consensus rating of "Sell".
Read Our Latest Analysis on SKYQ
Institutional Trading of Sky Quarry
A hedge fund recently bought a new stake in Sky Quarry stock. JPMorgan Chase & Co. acquired a new position in shares of Sky Quarry Inc. (NASDAQ:SKYQ - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,249,882 shares of the company's stock, valued at approximately $1,387,000. JPMorgan Chase & Co. owned 10.51% of Sky Quarry at the end of the most recent quarter.
Sky Quarry Company Profile
(
Get Free Report)
We are an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. The recycling of asphalt shingles is expected to reduce the dependence on landfills for the removal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses.
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