Skillsoft's (SKIL) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• Weiss Ratings has reiterated Skillsoft's stock rating as "Sell (D-)", indicating ongoing concerns about the company's performance.
• In contrast, other brokerages like Wall Street Zen and Zacks Research have upgraded Skillsoft's rating, suggesting a consensus of "Moderate Buy" among analysts.
• Skillsoft currently has a market capitalization of $147.02 million and a significant debt-to-equity ratio of 13.45, raising caution among investors.

Skillsoft (NYSE:SKIL - Get Free Report)'s stock had its "sell (d-)" rating restated by research analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Several other brokerages have also weighed in on SKIL. Wall Street Zen upgraded shares of Skillsoft from a "hold" rating to a "buy" rating in a research report on Friday, September 26th. Zacks Research raised shares of Skillsoft from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Skillsoft Stock Performance

NYSE SKIL opened at $16.88 on Friday. The company has a debt-to-equity ratio of 13.45, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $147.02 million, a price-to-earnings ratio of -1.21, a P/E/G ratio of 1.11 and a beta of 1.60. The company's fifty day moving average is $14.71 and its two-hundred day moving average is $16.58. Skillsoft has a 52-week low of $12.22 and a 52-week high of $34.42.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SKIL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Skillsoft in the second quarter worth about $39,000. Bank of America Corp DE increased its holdings in shares of Skillsoft by 330.0% during the fourth 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. New York State Common Retirement Fund acquired a new stake in shares of Skillsoft during the second quarter worth approximately $96,000. Cubist Systematic Strategies LLC increased its holdings in shares of Skillsoft by 20.5% during the first quarter. Cubist Systematic Strategies LLC now owns 9,370 shares of the company's stock worth $180,000 after buying an additional 1,593 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Skillsoft by 42.6% during the second quarter. Corient Private Wealth LLC now owns 17,031 shares of the company's stock worth $272,000 after buying an additional 5,091 shares in the last quarter. Institutional investors and hedge funds own 87.00% of the company's stock.

About Skillsoft

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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