After the market closes, Skylight Health’s earnings call will be hosted on August 16th to release the financial results. Another call will be done the day after in the morning to discuss the results. (the article has more info on how to join)
https://ca.finance.yahoo.com/news/skylight-health-announces-q2-2021-123000477.html
I'm expecting some solid numbers to help push the stock back up above $4. Everything about the company is screaming undervalued here
- $8 pt from Lake Street Capital’s Frank Takkenin (average pt of $7.15 from 5 ratings all in USD)
- Over $15M in cash on the balance sheet in addition to no long-term debt
- 19 clinics operating in 5 markets (70k+ patients)
- Institutional ownership is increasing: Up 12.07% in the past month (+143.87k with 2 new institutions joining)
- Short positions have steadily fallen since June (115k to 89k shares)
We've been holding steady down at these levels for some time, IMO the earnings are just what we need for $SLHG to take off once again. Looking forward to the earnings call!