Sky Solar Holdings, Ltd. SKYS was a big mover last session, as the company saw its shares rise roughly 11% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company as the stock is now down 20% in the past one-month time frame.
This utilities industry stock witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Sky Solar Holdings carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is Korea Electric Power Corp. KEP, sporting a Zacks Rank #1 (Strong Buy).
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