Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Safe & Green Holdings Corp (NASDAQ: SGBX) was $3.08 for the day, down -12.25% from the previous closing price of $3.51. In other words, the price has decreased by -$12.25 from its previous closing price. On the day, 1.06 million shares were traded. SGBX stock price reached its highest trading level at $3.5489 during the session, while it also had its lowest trading level at $2.99.
Ratios:
Our analysis of SGBX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.18. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.21.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGBX now has a Market Capitalization of 1550699 and an Enterprise Value of 30562848. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at 9.035 whereas that against EBITDA is -2.987.
Stock Price History:
The Beta on a monthly basis for SGBX is 1.55, which has changed by -0.8628906 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, SGBX has reached a high of $122.88, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is -2.40%, while the 200-Day Moving Average is calculated to be -86.63%.
Shares Statistics:
SGBX traded an average of 8.77M shares per day over the past three months and 2443260 shares per day over the past ten days. A total of 6.16M shares are outstanding, with a floating share count of 6.12M. Insiders hold about 0.67% of the company’s shares, while institutions hold 0.01% stake in the company. Shares short for SGBX as of 1764288000 were 498182 with a Short Ratio of 0.06, compared to 1761868800 on 1415278. Therefore, it implies a Short% of Shares Outstanding of 498182 and a Short% of Float of 8.790000000000001.
