Should You Sell Skycorp Solar Group Ltd (PN) And Go Away This Year?

Skycorp Solar Group Ltd (NASDAQ:PN) currently has a daily average trading volume of 96.41K but it saw 228761 shares traded in last market. With a market cap of 68.85M USD, the company’s current market price of $2.55 came rising about 1.19 while comparing to the previous closing price of $2.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.45 and as low as $2.18. In the recent trading on the day, stock has struck highest price mark of $2.4999 while lowest mark touched by it was $2.96.

Taking a look at 20-day trading activity of Skycorp Solar Group Ltd (PN) gives us an average price of $3.26, while its current price level is -42.70% below from 52-week high level whereas it is 16.97% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.37% during that period while stretching the period over a month that decreases to 13.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.42 which implies that the stock is in neutral territory.

Over the week, PN’s stock price is moving -16.39% down while it is -34.28% when we observe its performance for the past one month. Year-to-date it is -36.72% down and over the past year.

Currently, Skycorp Solar Group Ltd’s total number of outstanding shares is 27.00M. Company’s return on investment (ROI) stands at 2.72% and return on equity (ROE) at 2.95%. It has a price to earnings ratio (P/E ratio) of 1062.50. Stock has a price to book (P/B) ratio of 29.42 while price to sale or P/S ratio amounts to 9.95. Its return on asset (ROA) is 1.52% on average.