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Weiss Ratings Reaffirms Sell (D-) Rating for Skyline Builders Group (NASDAQ:SKBL)

Skyline Builders Group logo with Construction background

Key Points

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Skyline Builders Group (NASDAQ:SKBL - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by stock analysts at Weiss Ratings in a research report issued on Tuesday,Weiss Ratings reports.

Skyline Builders Group Price Performance

Shares of NASDAQ:SKBL traded down $0.15 on Tuesday, reaching $3.54. 607,331 shares of the company traded hands, compared to its average volume of 1,887,539. Skyline Builders Group has a fifty-two week low of $0.42 and a fifty-two week high of $14.25. The company's 50 day moving average is $1.81 and its 200-day moving average is $6.72.

Institutional Trading of Skyline Builders Group

Several large investors have recently added to or reduced their stakes in SKBL. Jump Financial LLC purchased a new stake in Skyline Builders Group in the 2nd quarter worth about $281,000. JPMorgan Chase & Co. acquired a new stake in shares of Skyline Builders Group during the second quarter worth approximately $574,000. BNP Paribas Financial Markets purchased a new position in shares of Skyline Builders Group during the 2nd quarter valued at $727,000. Finally, Quadrature Capital Ltd acquired a new position in Skyline Builders Group in the 2nd quarter worth about $1,258,000.

About Skyline Builders Group

(Get Free Report)

Skyline Builders Group Holding Ltd. operates as an exempted limited liability company. It operates business through its subsidiary, Kin Chiu Engineering Limited, which provides construction activities include public civil engineering works, such as road and drainage works in Hong Kong. The company was founded on June 25, 2024 and is headquartered in Hong Kong.

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