Sky Solar is in the utilities sector and is part of the independent utilities industry. The company CEO is Hao Wu. Sky Solar develops, owns and operates solar parks and sells electricity. Its geographic operations include Greece, Canada, Bulgaria, Germany, Czech, Japan, Spain, Italy, and Uruguay.



Previous Intraday Performance:

The SKYS shares had a previous change of -2.72% which opened at 0.52 and closed at 0.53. It moved to an intraday high of 0.53 and a low of 0.49.

SeekingAlpha:  Midday Gainers / Losers

Historical Performance:

Over the last five trading days, SKYS shares returned -1.71% and in the past 30 trading days it returned -20.57%. Over three months, it changed -39.78%. In one year it has changed -55.09% and within that year its 52 week high was 1.58 and its 52 week low was 0.45. SKYS stock is 17.76% above its 52 week low.

Our calculations result in a 200 day moving average of 0.67 and a 50 day moving average of 0.64. Right now, SKYS stock is trading -21.34% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Sky Solar: Court Records Show That Lender Already Withdrew Buyout Proposal But Retail Investors Don’t Seem To Realize It Yet

Liquidity:

The company has a market cap of $27.8m with 52.4m shares outstanding and a float of 52.4m shares. Trading volume was 35,297 shares and has experienced an average volume of 47,958 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Sky Solar was -0.4 which ended on 31st of December 2018.

Below was the last reported semi-annual diluted earnings per share:

Dec 2018 -0.55
Jun 2018 0.15
Dec 2017 -0.90
Jun 2017 0.10
Dec 2016 0.13

EPS growth is an important number as it indicates the future prospects of Sky Solar; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 13.60% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 0.60% of institutional ownership.



The beta was calculated to be 1.40.

SeekingAlpha:  MDR and SKYS among premarket losers

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -3.85%, profit margin is -34.20%, price-to-sales is 0.44 and price-to-book is 0.39.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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