Skyline Builders Group (NASDAQ:SKBL) Announces Earnings Results

Skyline Builders Group (NASDAQ:SKBL) posted its earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $13.55 million during the quarter.

Skyline Builders Group Stock Performance

Shares of Skyline Builders Group stock opened at $3.18 on Thursday. Skyline Builders Group has a 1 year low of $0.42 and a 1 year high of $14.25. The business has a 50 day moving average price of $3.07 and a 200 day moving average price of $3.06.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Skyline Builders Group in a research note on Friday, January 9th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On Skyline Builders Group

Several hedge funds have recently bought and sold shares of SKBL. Sage Advisors LLC acquired a new position in shares of Skyline Builders Group in the third quarter worth $49,000. Jump Financial LLC acquired a new stake in shares of Skyline Builders Group during the second quarter valued at $281,000. Prelude Capital Management LLC purchased a new stake in Skyline Builders Group during the 3rd quarter worth about $91,000. GM Advisory Group LLC acquired a new position in Skyline Builders Group in the 4th quarter valued at about $109,000. Finally, Southport Management L.L.C. acquired a new position in Skyline Builders Group in the 3rd quarter valued at about $131,000.

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.