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Skyline Corp. Bumped from SmallCap 600 Index

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December 23, 2011 by   Comments Off on Skyline Corp. Bumped from SmallCap 600 Index

Manufactured housing and recreational vehicle builder Skyline Corp. will be replaced by Exterran Holdings Inc. in the S&P SmallCap 600 index after the close of trading on Dec. 30. Skyline is ranked No. 600 in the SmallCap 600 index.

SmartTrend reported that it identified a “downtrend” for Skyline on July 18 when the stock was $15.76 per share. Since then, Skyline share prices have moved between a 52-week high of $27.69 and a 52-week low of $4.25, and started today’s trading at $4.69.

Skyline, based in Elkhart, Ind., filed its financial report on Oct. 7 for the fiscal 2012 first quarter, ended Aug. 31. The company reported sales of $50.3 million compared with $45.8 million the previous year while posting a net loss of $6.8 million versus a net loss of $6 million.

 

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