Wall Street Zen Upgrades Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) to Sell

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) was upgraded by equities researchers at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, August 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Skycorp Solar Group Limited Ordinary Shares Price Performance

Shares of PN opened at $2.37 on Friday. The company’s 50 day simple moving average is $5.04. Skycorp Solar Group Limited Ordinary Shares has a 12-month low of $2.18 and a 12-month high of $40.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.26 and a current ratio of 1.50.

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($1.76) earnings per share for the quarter. The business had revenue of $12.75 million during the quarter.

About Skycorp Solar Group Limited Ordinary Shares

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.