Skillsoft (NYSE:SKIL - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday.
Skillsoft Price Performance
SKIL traded up $0.17 on Thursday, hitting $20.61. 844 shares of the company were exchanged, compared to its average volume of 43,592. Skillsoft has a fifty-two week low of $8.05 and a fifty-two week high of $34.42. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market capitalization of $171.50 million, a P/E ratio of -0.50 and a beta of 1.59. The business's fifty day moving average is $19.93 and its 200 day moving average is $21.73.
Hedge Funds Weigh In On Skillsoft
Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of Skillsoft by 330.0% in the 4th quarter. Bank of America Corp DE now owns 1,750 shares of the company's stock worth $42,000 after buying an additional 1,343 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in Skillsoft by 39.3% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,714 shares of the company's stock worth $113,000 after acquiring an additional 1,331 shares during the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of Skillsoft by 20.5% in the first quarter. Cubist Systematic Strategies LLC now owns 9,370 shares of the company's stock valued at $180,000 after purchasing an additional 1,593 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of Skillsoft in the fourth quarter valued at approximately $251,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Skillsoft during the 4th quarter worth approximately $286,000. 87.00% of the stock is owned by hedge funds and other institutional investors.
About Skillsoft
(
Get Free Report)
Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.
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