Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Free Report) from a hold rating to a strong sell rating in a research report report published on Sunday.

Separately, Weiss Ratings upgraded shares of Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, July 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

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Skycorp Solar Group Limited Ordinary Shares Price Performance

Shares of NASDAQ PN opened at $3.03 on Friday. Skycorp Solar Group Limited Ordinary Shares has a twelve month low of $2.18 and a twelve month high of $51.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.50 and a quick ratio of 1.26. The firm has a 50-day simple moving average of $5.39.

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($1.76) earnings per share (EPS) for the quarter. The firm had revenue of $12.75 million for the quarter.

About Skycorp Solar Group Limited Ordinary Shares

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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.

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