Skyline Builders Group (NASDAQ:KAZR) Trading Down 0.5% – Here’s What Happened

Skyline Builders Group Holding Limited (NASDAQ:KAZRGet Free Report) shares were down 0.5% during trading on Monday . The company traded as low as $2.00 and last traded at $2.15. 158,061 shares were traded during trading, a decline of 2% from the average session volume of 161,395 shares. The stock had previously closed at $2.16.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Skyline Builders Group in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Report on Skyline Builders Group

Skyline Builders Group Stock Performance

The business has a 50 day simple moving average of $2.73 and a 200-day simple moving average of $3.06.

Skyline Builders Group (NASDAQ:KAZRGet Free Report) last issued its quarterly earnings results on Monday, August 17th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $11.50 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. GC Wealth Management RIA LLC bought a new position in shares of Skyline Builders Group during the 1st quarter valued at about $1,267,000. PEAK6 LLC bought a new stake in shares of Skyline Builders Group in the 4th quarter worth approximately $969,000. Rathbones Group PLC bought a new stake in shares of Skyline Builders Group in the 4th quarter worth approximately $363,000. BNP Paribas Financial Markets acquired a new stake in Skyline Builders Group during the second quarter valued at approximately $727,000. Finally, JPMorgan Chase & Co. acquired a new stake in Skyline Builders Group during the second quarter valued at approximately $574,000.

Skyline Builders Group Company Profile

(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.

Further Reading

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