Zacks: Sky Solar Holdings Ltd (SKYS) Given Average Rating of “Strong Buy” by Analysts

Sky Solar Holdings Ltd (NASDAQ:SKYS) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Zacks has also assigned Sky Solar an industry rank of 94 out of 257 based on the ratings given to related companies.

Several research firms have recently weighed in on SKYS. ValuEngine upgraded shares of Sky Solar from a “hold” rating to a “buy” rating in a report on Thursday, October 11th. BidaskClub cut shares of Sky Solar from a “sell” rating to a “strong sell” rating in a report on Thursday, October 4th.

Sky Solar stock opened at $0.58 on Friday. The company has a market capitalization of $222.32 million, a PE ratio of -0.73 and a beta of 1.10. Sky Solar has a twelve month low of $0.46 and a twelve month high of $1.84.

Sky Solar Company Profile

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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