Sky Solar (NASDAQ:SKYS) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
Other research analysts have also issued reports about the stock. ValuEngine raised shares of Sky Solar from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of Sky Solar from a “hold” rating to a “strong-buy” rating and set a $1.75 price target on the stock in a research note on Thursday, November 30th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Sky Solar presently has an average rating of “Hold” and a consensus target price of $3.92.
Sky Solar (SKYS) opened at $1.33 on Tuesday. The firm has a market cap of $522.64, a PE ratio of 19.00, a P/E/G ratio of 0.38 and a beta of 1.34. Sky Solar has a 12 month low of $0.82 and a 12 month high of $2.43. The company has a quick ratio of 2.37, a current ratio of 3.46 and a debt-to-equity ratio of 1.53.
WARNING: “Sky Solar (SKYS) Rating Increased to Hold at BidaskClub” was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/3259034/sky-solar-skys-rating-increased-to-hold-at-bidaskclub.html.
Sky Solar Company Profile
Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT).
Receive News & Ratings for Sky Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sky Solar and related companies with MarketBeat.com's FREE daily email newsletter.