Skyline Builders Group (NASDAQ:KAZR) Releases Quarterly Earnings Results

Skyline Builders Group (NASDAQ:KAZR) announced its earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $11.50 million during the quarter.

Skyline Builders Group Trading Down 0.9%

NASDAQ KAZR opened at $2.13 on Wednesday. The firm’s 50 day moving average price is $2.73 and its 200-day moving average price is $3.06. Skyline Builders Group has a 52-week low of $0.42 and a 52-week high of $4.90.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Skyline Builders Group

Large investors have recently bought and sold shares of the business. Jump Financial LLC bought a new stake in Skyline Builders Group during the 2nd quarter valued at $281,000. Prelude Capital Management LLC bought a new position in shares of Skyline Builders Group in the 3rd quarter worth $91,000. Renaissance Technologies LLC purchased a new stake in shares of Skyline Builders Group during the 1st quarter worth $113,000. FNY Investment Advisers LLC purchased a new stake in shares of Skyline Builders Group during the 2nd quarter worth $112,000. Finally, GM Advisory Group LLC bought a new stake in Skyline Builders Group during the fourth quarter valued at about $109,000.

Skyline Builders Group Company Profile

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.