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

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

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

Several brokerages have recently commented on SKYS. BidaskClub upgraded shares of Sky Solar from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 18th. ValuEngine upgraded shares of Sky Solar from a “hold” rating to a “buy” rating in a research note on Thursday, October 11th.

SKYS opened at $0.60 on Friday. Sky Solar has a fifty-two week low of $0.46 and a fifty-two week high of $1.73. The firm has a market cap of $241.43 million, a price-to-earnings ratio of -0.75 and a beta of 1.14.

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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