Sky Solar Holdings, Ltd. (SKYS) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.88 to $9.24 since Jun 1.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sky Solar currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another well-ranked stock in the same space is Alliant Energy Corporation (LNT) with the same Zacks Rank as Sky Solar.
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