Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Sky Solar (SKYS) Share Price

Media coverage about Sky Solar (NASDAQ:SKYS) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sky Solar earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the solar energy provider an impact score of 45.8081499155597 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Sky Solar (SKYS) traded up $0.04 during midday trading on Thursday, hitting $1.60. 610,500 shares of the stock were exchanged, compared to its average volume of 92,212. The firm has a market cap of $83.91, a P/E ratio of 6.40, a P/E/G ratio of 0.77 and a beta of 1.81. Sky Solar has a 1 year low of $1.00 and a 1 year high of $3.62. The company has a quick ratio of 2.37, a current ratio of 3.46 and a debt-to-equity ratio of 1.53.

SKYS has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Sky Solar from a “hold” rating to a “buy” rating and set a $2.25 target price on the stock in a research report on Wednesday, October 18th. Roth Capital upgraded shares of Sky Solar from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $1.30 to $5.00 in a research report on Wednesday, October 11th. Oppenheimer reiterated a “buy” rating and set a $5.00 target price on shares of Sky Solar in a research report on Friday, September 29th. Finally, ValuEngine upgraded shares of Sky Solar from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $3.92.

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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).

Insider Buying and Selling by Quarter for Sky Solar (NASDAQ:SKYS)

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