Skillsoft - A Solution For Lifelong Learners

Summary

• Skillsoft Corp. (SKIL) has shown significant price appreciation, gaining 66.12% since the Trend Seeker buy signal on 12/12 and 70.39% in the last month.

• The company offers AI-driven learning platforms and instructor-led training, targeting businesses, government agencies, and educational institutions, with a market cap of $246 million.

• Barchart's technical indicators show 100% buy signals, a 149.97+ Weighted Alpha, and the stock is above its 20, 50, and 100-day moving averages.

• Analysts are bullish with 2 strong buy ratings, a consensus price target of $50, and MorningStar considers the stock 39% undervalued.

The Chart of the Day belongs to the Education & Training Services company Skillsoft (SKIL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 12/12 the stock gained 66.12%.

SKIL Price vs Daily Moving Averages:

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. This segment also offers Percipio, an AI-driven online learning platform that delivers a learning experience through SaaS solutions. Its Instructor-Led Training segment provides training solutions, including information technology and business skills for corporations and their employees by guiding its customers throughout their lifelong technology learning journey by offering relevant and up-to-date skills training through instructor-led and self-paced, vendor certified, and other proprietary offerings. The company markets and sells their offerings to businesses of many sizes, government agencies, educational institutions, and resellers. Skillsoft Corp. is headquartered in Greenwood Village, Colorado. 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

• 100% technical buy signals
• 149.97+ Weighted Alpha
• 97.92% gain in the last year
• Trend Seeker buy signal
• 1.16 - 60 month Beta
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 70.39% in the last month
• Relative Strength Index 89.91%
• Technical support level at $29.58
• Recently traded at $30.50 with 50 day moving average of $18.43

Fundamental Factors:

• Market Cap $246 million
• Revenue expected to grow 4.05% next year
• Earnings estimated to increase 13.97% this year and an additional 13.43% next year

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

•  Wall Street analysts issued 2 strong buy and 1 hold opinion on the stock
• Their price targets consensus is $50 for a 64% gain
• Value Line does not cover the stock
• CFRA's MarketScope has a buy recommendation
• MorningStar thinks the stock is 39% under valued
• 1,760 investors monitor the stock on Seeking Alpha

Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.

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