Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) Cut to Strong Sell at Wall Street Zen
by Kim Johansen · The Markets DailyWall Street Zen lowered shares of Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Free Report) from a sell rating to a strong sell rating in a report published on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings raised Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
Skycorp Solar Group Limited Ordinary Shares Stock Down 2.4%
NASDAQ PN opened at $2.40 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.26 and a current ratio of 1.50. The firm’s 50 day moving average is $2.93. Skycorp Solar Group Limited Ordinary Shares has a 1-year low of $1.77 and a 1-year high of $40.00.
Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($1.76) earnings per share for the quarter. The firm had revenue of $12.75 million during the quarter.
Skycorp Solar Group Limited Ordinary Shares Company Profile
Skycorp Solar Group Limited is a renewable energy company focused on solar photovoltaic products and related solutions. The company is listed on the Nasdaq Capital Market under the symbol PN.
Through its operating subsidiaries, Skycorp Solar Group develops, manufactures and sells solar photovoltaic modules and related solar power products. Its offerings are intended for use in solar power generation systems and may serve residential, commercial and other distributed-energy applications.
The company’s operations are primarily associated with China, although publicly available information about its geographic reach, product portfolio and executive leadership is limited.
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