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The closing price of Safe and Green Development Corp (NASDAQ: SGD) was $1.22 for the day, down -1.61% from the previous closing price of $1.24. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our analysis of SGD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.48. In the meantime, Its Debt-to-Equity ratio is 67.93 whereas as Long-Term Debt/Eq ratio is at 5.86.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 09 ’24 when Brune Nicolai Ayrton sold 12,000 shares for $0.26 per share. The transaction valued at 3,163 led to the insider holds 155,472 shares of the business.
Brune Nicolai Ayrton sold 10,000 shares of SGD for $2,502 on Sep 10 ’24. The Chief Financial Officer now owns 145,472 shares after completing the transaction at $0.25 per share. On Sep 10 ’24, another insider, Brune Nicolai Ayrton, who serves as the Officer of the company, bought 10,000 shares for $0.24 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.17 while its Price-to-Book (P/B) ratio in mrq is 18.61.
Stock Price History:
Over the past 52 weeks, SGD has reached a high of $12.00, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 10.87%, while the 200-Day Moving Average is calculated to be -50.88%.
Shares Statistics:
A total of 2.08M shares are outstanding, with a floating share count of 1.48M. Insiders hold about 29.07% of the company’s shares, while institutions hold 7.41% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
