Sky Solar (SKYS) Trading 15.6% Higher

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Sky Solar Holdings Ltd (NASDAQ:SKYS)’s share price traded up 15.6% during mid-day trading on Thursday . The company traded as high as $0.76 and last traded at $0.74. 2,025 shares were traded during mid-day trading, a decline of 97% from the average session volume of 65,807 shares. The stock had previously closed at $0.64.

A number of equities analysts recently issued reports on the company. BidaskClub lowered Sky Solar from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 14th. ValuEngine raised Sky Solar from a “hold” rating to a “buy” rating in a report on Thursday, October 11th.

The firm has a market capitalization of $249.62 million, a PE ratio of -0.81 and a beta of 0.97.

Sky Solar Company Profile (NASDAQ:SKYS)

Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks.

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