Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Safe and Green Development Corp (NASDAQ: SGD) closed at $1.21 in the last session, down -7.63% from day before closing price of $1.31. In other words, the price has decreased by -$7.63 from its previous closing price. On the day, 0.73 million shares were traded. SGD stock price reached its highest trading level at $1.3293 during the session, while it also had its lowest trading level at $1.09.
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 0.09 and its Current Ratio is at 0.12. In the meantime, Its Debt-to-Equity ratio is 6.34 whereas as Long-Term Debt/Eq ratio is at 1.02.
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 3361694 and an Enterprise Value of 31399628. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 20.439 whereas that against EBITDA is -3.434.
Stock Price History:
The Beta on a monthly basis for SGD is 3.48, which has changed by -0.78825 over the last 52 weeks, in comparison to a change of 0.14064062 over the same period for the S&P500. Over the past 52 weeks, SGD has reached a high of $6.57, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 16.81%, while the 200-Day Moving Average is calculated to be -18.48%.
Shares Statistics:
According to the various share statistics, SGD traded on average about 2.93M shares per day over the past 3-months and 2389890 shares per day over the past 10 days. A total of 3.02M shares are outstanding, with a floating share count of 1.85M. Insiders hold about 50.80% of the company’s shares, while institutions hold 15.84% stake in the company. Shares short for SGD as of 1753920000 were 1062001 with a Short Ratio of 0.36, compared to 1751241600 on 63962. Therefore, it implies a Short% of Shares Outstanding of 1062001 and a Short% of Float of 50.970000000000006.
