News headlines about Sky Solar Holdings (NASDAQ:SKYS) have been trending somewhat positive on Friday, Alpha One reports. The research group, a service of Accern, rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sky Solar Holdings earned a daily sentiment score of 0.01 on Alpha One’s scale. Alpha One also gave news coverage about the solar energy provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected AlphaOne Sentiment’s rankings:
- Sky Solar Holdings Ltd (SKYS) Investigated For Securities Fraud By Block & Leviton After Announcing The Company Is Investigating Its Former CEO (finance.yahoo.com)
- Sky Solar Provides Additional Details on Intended Investigation of Conduct of Former CEO and Clarifications on Shareholders Meeting (finance.yahoo.com)
- IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Sky Solar Holdings, Ltd. and Encourages Investors with Losses to Contact the Firm (finance.yahoo.com)
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of the Commencement of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Sky Solar Holdings, Ltd. (finance.yahoo.com)
- SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Sky Solar Holdings, Ltd. (finance.yahoo.com)
Separately, Roth Capital set a $8.00 target price on shares of Sky Solar Holdings and gave the company a “buy” rating in a research note on Thursday, May 18th.
Sky Solar Holdings (NASDAQ:SKYS) traded down 16.87% on Friday, hitting $1.38. 323,752 shares of the stock were exchanged. Sky Solar Holdings has a 1-year low of $1.25 and a 1-year high of $5.40. The company has a 50-day moving average price of $1.91 and a 200 day moving average price of $2.07. The company has a market capitalization of $72.37 million, a PE ratio of 18.40 and a beta of 1.82.
Sky Solar Holdings (NASDAQ:SKYS) last posted its quarterly earnings results on Monday, May 15th. The solar energy provider reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by $0.09. The firm had revenue of $13.83 million for the quarter. Sky Solar Holdings had a negative return on equity of 2.47% and a net margin of 4.72%. Analysts anticipate that Sky Solar Holdings will post ($0.03) EPS for the current fiscal year.
Sky Solar Holdings Company Profile
Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT).
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/sky-solar-holdings-skys-receiving-somewhat-positive-press-coverage-study-shows/1915957.html
Receive News & Ratings for Sky Solar Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sky Solar Holdings Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.