Skillsoft (SKIL) Expected to Release Quarterly Earnings on Monday

Skillsoft (NYSE:SKIL) is expected to release its earnings data after the market closes on Monday, April 14th. Analysts expect Skillsoft to post earnings of ($2.05) per share and revenue of $128.34 million for the quarter.

Skillsoft Price Performance

SKIL opened at $16.10 on Monday. Skillsoft has a 1 year low of $5.09 and a 1 year high of $34.43. The company’s 50 day simple moving average is $24.49 and its 200 day simple moving average is $20.77. The stock has a market capitalization of $133.33 million, a PE ratio of -0.39 and a beta of 1.48. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.88 and a current ratio of 0.88.

Hedge Funds Weigh In On Skillsoft

A hedge fund recently raised its stake in Skillsoft stock. Bank of America Corp DE boosted its position in Skillsoft Corp. (NYSE:SKIL) by 330.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,750 shares of the company’s stock after acquiring an additional 1,343 shares during the quarter. Bank of America Corp DE’s holdings in Skillsoft were worth $42,000 as of its most recent filing with the Securities and Exchange Commission. 87.00% of the stock is currently owned by institutional investors and hedge funds.

About Skillsoft

Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.