After finishing at $0.34 in the prior trading day, Bright Green Corp (NASDAQ: BGXX) closed at $0.30, down -9.63%. In other words, the price has decreased by -$0.0323 from its previous closing price. On the day, 553306 shares were traded. BGXX stock price reached its highest trading level at $0.3428 during the session, while it also had its lowest trading level at $0.3020.
Our goal is to gain a better understanding of BGXX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 31 when Stockwell Lynn sold 250,000 shares for $0.47 per share. The transaction valued at 116,675 led to the insider holds 66,355,698 shares of the business.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGXX now has a Market Capitalization of 55.72M and an Enterprise Value of 60.42M.
Stock Price History:
Over the past 52 weeks, BGXX has reached a high of $1.88, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is 0.3647, while the 200-Day Moving Average is calculated to be 0.7789.
The stock has traded on average 566.68K shares per day over the past 3-months and 601.93k shares per day over the last 10 days, according to various share statistics. A total of 173.30M shares are outstanding, with a floating share count of 65.37M. Insiders hold about 63.58% of the company’s shares, while institutions hold 8.72% stake in the company. Shares short for BGXX as of Oct 30, 2023 were 2.51M with a Short Ratio of 2.51M, compared to 2.61M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.38% and a Short% of Float of 4.06%.