Sky Solar (SKYS) Receiving Positive Press Coverage, Accern Reports

Media stories about Sky Solar (NASDAQ:SKYS) have trended positive on Monday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sky Solar earned a news impact score of 0.32 on Accern’s scale. Accern also gave news coverage about the solar energy provider an impact score of 43.7054077781713 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

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SKYS has been the topic of several recent research reports. ValuEngine cut shares of Sky Solar from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. BidaskClub raised shares of Sky Solar from a “sell” rating to a “hold” rating in a research report on Tuesday, March 13th. Finally, Zacks Investment Research cut shares of Sky Solar from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Sky Solar has an average rating of “Hold” and a consensus price target of $3.92.

Sky Solar stock traded down $0.01 during mid-day trading on Monday, hitting $1.20. The company had a trading volume of 18,308 shares, compared to its average volume of 92,361. The firm has a market capitalization of $471.94, a P/E ratio of -24.00, a P/E/G ratio of 0.35 and a beta of 1.10. Sky Solar has a 1 year low of $0.82 and a 1 year high of $2.43.

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About Sky Solar

Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT).

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