Skyline Builders Group (NASDAQ:KAZR – Get Free Report) issued its earnings results on Monday. The company reported ($0.10) earnings per share for the quarter, FiscalAI reports. The company had revenue of $11.50 million for the quarter.
Skyline Builders Group Trading Down 0.5%
Shares of KAZR stock opened at $2.15 on Tuesday. Skyline Builders Group has a 1-year low of $0.42 and a 1-year high of $4.90. The stock’s fifty day simple moving average is $2.75 and its 200-day simple moving average is $3.06.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Skyline Builders Group in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Institutional Investors Weigh In On Skyline Builders Group
Several hedge funds have recently bought and sold shares of the business. Prelude Capital Management LLC acquired a new stake in shares of Skyline Builders Group during the third quarter worth approximately $91,000. GM Advisory Group LLC purchased a new stake in Skyline Builders Group in the 4th quarter worth approximately $109,000. FNY Investment Advisers LLC purchased a new stake in Skyline Builders Group in the 2nd quarter worth approximately $112,000. Renaissance Technologies LLC acquired a new stake in shares of Skyline Builders Group during the 1st quarter valued at $113,000. Finally, Southport Management L.L.C. purchased a new position in shares of Skyline Builders Group during the 3rd quarter valued at $131,000.
About Skyline Builders Group
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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