Skillsoft (NYSE:SKIL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Skillsoft (NYSE:SKIL) from a hold rating to a buy rating in a report published on Friday.

Separately, Zacks Research upgraded Skillsoft from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Skillsoft Stock Up 3.0%

NYSE:SKIL opened at $13.28 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 13.45. The stock’s fifty day moving average is $14.52 and its two-hundred day moving average is $17.14. Skillsoft has a 52 week low of $12.22 and a 52 week high of $34.42. The stock has a market capitalization of $115.64 million, a price-to-earnings ratio of -0.95 and a beta of 1.58.

Institutional Trading of Skillsoft

A number of large investors have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in Skillsoft by 330.0% in the fourth quarter. Bank of America Corp DE now owns 1,750 shares of the company’s stock valued at $42,000 after buying an additional 1,343 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings in Skillsoft by 20.5% in the first quarter. Cubist Systematic Strategies LLC now owns 9,370 shares of the company’s stock valued at $180,000 after buying an additional 1,593 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Skillsoft in the second quarter valued at $39,000. Corient Private Wealth LLC increased its holdings in Skillsoft by 42.6% in the second quarter. Corient Private Wealth LLC now owns 17,031 shares of the company’s stock valued at $272,000 after buying an additional 5,091 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in Skillsoft by 35.8% in the fourth quarter. Northern Trust Corp now owns 19,508 shares of the company’s stock valued at $467,000 after buying an additional 5,142 shares during the last quarter. Hedge funds and other institutional investors own 87.00% of the company’s stock.

Skillsoft Company Profile

Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.