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After finishing at $0.83 in the prior trading day, Safe and Green Development Corp (NASDAQ: SGD) closed at $0.89, up 6.71%. In other words, the price has increased by $6.71 from its previous closing price. On the day, 0.74 million shares were traded. SGD stock price reached its highest trading level at $0.9198 during the session, while it also had its lowest trading level at $0.7404.
Ratios:
Our goal is to gain a better understanding of SGD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.10. In the meantime, Its Debt-to-Equity ratio is 14.27 whereas as Long-Term Debt/Eq ratio is at 2.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGD now has a Market Capitalization of 7827066 and an Enterprise Value of 33769576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 6.794 whereas that against EBITDA is -3.503.
Stock Price History:
The Beta on a monthly basis for SGD is 3.39, which has changed by -0.5790498 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, SGD has reached a high of $2.89, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -24.62%, while the 200-Day Moving Average is calculated to be -21.51%.
Shares Statistics:
The stock has traded on average 452.96K shares per day over the past 3-months and 803860 shares per day over the last 10 days, according to various share statistics. A total of 4.88M shares are outstanding, with a floating share count of 2.53M. Insiders hold about 71.47% of the company’s shares, while institutions hold 4.33% stake in the company. Shares short for SGD as of 1761868800 were 185383 with a Short Ratio of 0.41, compared to 1759190400 on 166567. Therefore, it implies a Short% of Shares Outstanding of 185383 and a Short% of Float of 2.21.
