Silver lining to Sky Solar Holdings Ltd. ADR (NASDAQ:SKYS)’s dark cloud?

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At the close of the recent quarter, Sky Solar Holdings Ltd. ADR (NASDAQ:SKYS)‘s balance sheet demonstrated total assets worth $478.88M and debt of 27.43M%. Compared to the previous period, the debt increased/decreased by falling.

Sky Solar Holdings Ltd. ADR’s total liabilities closing the latest quarter was $344.22M.

Let’s look into the technical of the stock

The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.

The assets that the firm listed at the close of the recent quarter comprised cash balance of 53.36M%. Net operating cash from the previous quarter was $-, resulting in free cash flow of $-. Compared to the previous period, net change in case was $-.

The cash that Sky Solar Holdings Ltd. ADR generated in the previous quarter stemmed from sales of 13.38M%, which increased 0.11%% in the same quarter, a year ago. Sales in the previous quarter jumped at a rate faster/slower than the previous quarter by decline%.

It cost Sky Solar Holdings Ltd. ADR some $8.67M to generate the sales of 13.38M% reported in the previous quarter as the cost of sales. After discounting the cost of sales in the income computations, Sky Solar Holdings Ltd. ADR emerged with gross income of $4.71M.

After considering other operating expenses, the firm closed with a net income figure. When that amount divided by the number of outstanding shares it closed up with EPS (earnings per share) of $(0.15). For perspective on how Sky Solar Holdings Ltd. ADR reached at the EPS figure, shareholders should know that the firm closed the last quarter with diluted due shares of 50.44M.

Wall Street analysts reported investors should anticipate from Sky Solar Holdings Ltd. ADR EPS of $0.03 in the next quarter.

In addition to estimating the next quarter?s EPS, market analysts have weighed in on the stock of Sky Solar Holdings Ltd. ADR regarding whether shareholders should view it as a SELL, BUY or HOLD. Some 2 analysts have analyzed the stock so far, giving it an average recommendation of Overweight.

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