Daytona Street Capital LLC Invests $483,000 in Skyline Builders Group Holding Limited $SKBL

Daytona Street Capital LLC purchased a new position in shares of Skyline Builders Group Holding Limited (NASDAQ:SKBL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 164,280 shares of the company’s stock, valued at approximately $483,000. Daytona Street Capital LLC owned about 1.19% of Skyline Builders Group at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Sage Advisors LLC purchased a new position in Skyline Builders Group in the third quarter worth $49,000. Jump Financial LLC purchased a new position in Skyline Builders Group in the second quarter worth $281,000. Prelude Capital Management LLC purchased a new position in Skyline Builders Group in the third quarter worth $91,000. Southport Management L.L.C. purchased a new position in Skyline Builders Group in the third quarter worth $131,000. Finally, JPMorgan Chase & Co. purchased a new position in Skyline Builders Group in the second quarter worth $574,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Skyline Builders Group in a research report on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Skyline Builders Group Trading Up 6.2%

NASDAQ:SKBL opened at $3.45 on Tuesday. The stock has a fifty day moving average price of $3.06 and a two-hundred day moving average price of $3.09. Skyline Builders Group Holding Limited has a 1 year low of $0.42 and a 1 year high of $14.25.

Skyline Builders Group (NASDAQ:SKBL) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $13.55 million during the quarter.

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.