Sky Solar (SKYS) Sees Large Volume Increase
Sky Solar Holdings Ltd (NASDAQ:SKYS) saw unusually-high trading volume on Wednesday . Approximately 730,853 shares changed hands during mid-day trading, an increase of 1,010% from the previous session’s volume of 65,819 shares.The stock last traded at $0.64 and had previously closed at $0.52.
SKYS has been the subject of a number of recent research reports. ValuEngine raised Sky Solar from a “hold” rating to a “buy” rating in a research report on Thursday, October 11th. BidaskClub raised Sky Solar from a “sell” rating to a “hold” rating in a research note on Saturday, June 30th.
The firm has a market cap of $264.44 million, a PE ratio of -0.80 and a beta of 0.98.
Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks.
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