SKK (NASDAQ:SKK) Shares Down 2% – Should You Sell?

SKK Holdings Limited (NASDAQ:SKKGet Free Report) was down 2% during trading on Tuesday . The stock traded as low as $0.42 and last traded at $0.43. Approximately 64,225 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 597,336 shares. The stock had previously closed at $0.44.

SKK Price Performance

The firm has a 50 day moving average price of $0.59 and a 200 day moving average price of $0.71.

SKK Company Profile

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SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works.

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