Skyline Builders Group Holding Limited (NASDAQ:KAZR – Get Free Report)’s share price traded up 3.2% on Wednesday . The company traded as high as $2.29 and last traded at $2.25. 251,882 shares were traded during trading, an increase of 84% from the average session volume of 136,535 shares. The stock had previously closed at $2.18.
Analysts Set New Price Targets
Separately, Weiss Ratings lowered shares of Skyline Builders Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Analysis on KAZR
Skyline Builders Group Price Performance
Skyline Builders Group (NASDAQ:KAZR – Get Free Report) last released its quarterly earnings results on Monday, August 17th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $11.50 million during the quarter.
Institutional Investors Weigh In On Skyline Builders Group
Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Skyline Builders Group during the 2nd quarter worth approximately $574,000. Jump Financial LLC purchased a new stake in shares of Skyline Builders Group during the second quarter worth about $281,000. BNP Paribas Financial Markets purchased a new position in shares of Skyline Builders Group during the second quarter valued at approximately $727,000. Southport Management L.L.C. purchased a new stake in Skyline Builders Group in the 3rd quarter worth approximately $131,000. Finally, Prelude Capital Management LLC purchased a new position in shares of Skyline Builders Group during the 3rd quarter worth $91,000.
Skyline Builders Group Company Profile
Skyline Builders Group Holding Ltd. operates as an exempted limited liability company. It operates business through its subsidiary, Kin Chiu Engineering Limited, which provides construction activities include public civil engineering works, such as road and drainage works in Hong Kong. The company was founded on June 25, 2024 and is headquartered in Hong Kong.
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