Skyline Co. (SKY) to Release Earnings on Wednesday
Skyline Co. (NYSEMKT:SKY) is scheduled to post its quarterly earnings results on Wednesday, October 11th.
Skyline Co. (SKY) opened at 11.60 on Wednesday. The stock’s 50 day moving average is $11.42 and its 200-day moving average is $7.91. Skyline Co. has a 12 month low of $5.07 and a 12 month high of $17.35. The stock has a market capitalization of $97.34 million, a price-to-earnings ratio of 11600.00 and a beta of 1.69.
Separately, TheStreet raised shares of Skyline from a “d” rating to a “c” rating in a report on Wednesday, August 23rd.
In related news, major shareholder Asset Associates L.L. Tontine bought 95,000 shares of the firm’s stock in a transaction on Friday, July 21st. The stock was bought at an average cost of $5.83 per share, for a total transaction of $553,850.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
A hedge fund recently raised its stake in Skyline stock. Northern Trust Corp increased its position in Skyline Co. (NYSEMKT:SKY) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,603 shares of the construction company’s stock after acquiring an additional 732 shares during the period. Northern Trust Corp owned approximately 0.25% of Skyline worth $124,000 at the end of the most recent reporting period.
Skyline Company Profile
Skyline Corporation designs, produces and markets manufactured housing, modular housing and park models to independent dealers and manufactured housing communities located throughout the United States and Canada. As of May 31, 2016, the Company sold 3,217 manufactured homes, 360 modular homes and 337 park models.
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