For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Safe and Green Development Corp (NASDAQ: SGD) closed at $1.8 in the last session, down -6.74% from day before closing price of $1.93. In other words, the price has decreased by -$6.74 from its previous closing price. On the day, 4.39 million shares were traded. SGD stock price reached its highest trading level at $2.36 during the session, while it also had its lowest trading level at $1.7.
Ratios:
We take a closer look at SGD’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
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 4443426 and an Enterprise Value of 13418122. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.90 while its Price-to-Book (P/B) ratio in mrq is 27.46. Its current Enterprise Value per Revenue stands at 76.28 whereas that against EBITDA is -2.522.
Stock Price History:
The Beta on a monthly basis for SGD is 3.66, which has changed by -0.66370106 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, SGD has reached a high of $8.42, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 86.66%, while the 200-Day Moving Average is calculated to be 12.18%.
Shares Statistics:
According to the various share statistics, SGD traded on average about 2.48M shares per day over the past 3-months and 13534550 shares per day over the past 10 days. A total of 2.08M shares are outstanding, with a floating share count of 1.34M. Insiders hold about 36.11% of the company’s shares, while institutions hold 7.41% stake in the company. Shares short for SGD as of 1752537600 were 64427 with a Short Ratio of 0.03, compared to 1749772800 on 117511. Therefore, it implies a Short% of Shares Outstanding of 64427 and a Short% of Float of 3.09.
