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Sky Solar (SKYS) Looks Good: Stock Moves 8.7% Higher

Sky Solar Holdings, Ltd. SKYS was a big mover last session with its shares rising roughly 9% on the day. The move came on solid volume with far more shares changing hands yesterday than in a normal session. This continues the recent uptrend of the company as the stock has gained nearly 112% in the past five trading sessions.

This independent power producer has seen two negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved considerably lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can last.

Sky Solar currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.

Investors interested in the power utilities industry may consider Atlantic Power Corp. AT. The stock carries a Zacks Rank #1 (Strong Buy).

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ATLANTIC PWR CP (AT): Free Stock Analysis Report
 
SKY SOLAR HLDGS (SKYS): Free Stock Analysis Report
 
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