Bright Green Corp (BGXX) Decline -5.51% in Day Trading, Closes at $0.24

The price of Bright Green Corp (NASDAQ: BGXX) closed at $0.24 in the last session, down -5.51% from day before closing price of $0.25. In other words, the price has decreased by -$0.0140 from its previous closing price. On the day, 735954 shares were traded.

Ratios:

We take a closer look at BGXX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.03 and its Current Ratio is at 0.03. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 Aug 31 ’23 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.

Valuation Measures:

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 44.92M and an Enterprise Value of 46.45M.

Stock Price History:

Over the past 52 weeks, BGXX has reached a high of $1.81, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 0.2327, while the 200-Day Moving Average is calculated to be 0.4047.

Shares Statistics:

According to the various share statistics, BGXX traded on average about 2.09M shares per day over the past 3-months and 728.9k shares per day over the past 10 days. A total of 183.88M shares are outstanding, with a floating share count of 69.46M. Insiders hold about 62.23% of the company’s shares, while institutions hold 7.84% stake in the company. Shares short for BGXX as of Mar 28, 2024 were 3.24M with a Short Ratio of 1.55, compared to 2.79M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.76% and a Short% of Float of 4.28%.

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