Skycorp Solar Group Limited Ordinary Shares Stock to Reverse Split on Monday, April 13th (NASDAQ:PN)
by Tristan Rich · The Markets DailySkycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Free Report)’s stock is going to reverse split on the morning of Monday, April 13th. The 1-20 reverse split was announced on Wednesday, April 8th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 10th.
Skycorp Solar Group Limited Ordinary Shares Trading Down 37.3%
Shares of NASDAQ:PN traded down $0.11 during trading on Thursday, hitting $0.19. 923,754 shares of the company’s stock traded hands, compared to its average volume of 811,749. Skycorp Solar Group Limited Ordinary Shares has a 52 week low of $0.17 and a 52 week high of $4.37.
Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $19.57 million during the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings initiated coverage on Skycorp Solar Group Limited Ordinary Shares in a research report on Tuesday. They issued a “sell (d)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.
View Our Latest Research Report on Skycorp Solar Group Limited Ordinary Shares
About Skycorp Solar Group Limited Ordinary Shares
Skycorp Solar Group Ltd is a solar PV product provider principally engaged in the manufacture and sale of solar cables and solar connectors. It also has partnerships with multiple IC chip manufacturers and offers customers new and used GPU and HPC servers. Its business is carried out through its operating subsidiaries. The company operates in two operating segments: the business to manufacture and sell solar PV products and solar power system solutions service, the business to sell High Performance Computing products, and others.