Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) Stock Rating Lowered by Wall Street Zen

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

Separately, Weiss Ratings upgraded Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Skycorp Solar Group Limited Ordinary Shares Stock Performance

NASDAQ PN opened at $2.46 on Friday. Skycorp Solar Group Limited Ordinary Shares has a 52-week low of $1.77 and a 52-week high of $40.00. The stock has a fifty day moving average of $3.05. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.04.

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

About Skycorp Solar Group Limited Ordinary Shares

Skycorp Solar Group Limited is a renewable energy company focused on solar photovoltaic products and related solutions. The company is listed on the Nasdaq Capital Market under the symbol PN.

Through its operating subsidiaries, Skycorp Solar Group develops, manufactures and sells solar photovoltaic modules and related solar power products. Its offerings are intended for use in solar power generation systems and may serve residential, commercial and other distributed-energy applications.

The company’s operations are primarily associated with China, although publicly available information about its geographic reach, product portfolio and executive leadership is limited.