In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Safe and Green Development Corp (NASDAQ: SGD) closed the day trading at $1.96 down -2.49% from the previous closing price of $2.01. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 0.21 million shares were traded. SGD stock price reached its highest trading level at $2.06 during the session, while it also had its lowest trading level at $1.8501.
Ratios:
For a better understanding of SGD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.08. In the meantime, Its Debt-to-Equity ratio is 14.46 whereas as Long-Term Debt/Eq ratio is at 1.46.
Insider Transactions:
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 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 2914265 and an Enterprise Value of 10770259. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.18 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 117.096.
Stock Price History:
Over the past 52 weeks, SGD has reached a high of $53.80, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -21.05%, while the 200-Day Moving Average is calculated to be -69.83%.
Shares Statistics:
Over the past 3-months, SGD traded about 501.44K shares per day on average, while over the past 10 days, SGD traded about 1173520 shares per day. A total of 1.49M shares are outstanding, with a floating share count of 1.08M. Insiders hold about 27.68% of the company’s shares, while institutions hold 0.71% stake in the company. Shares short for SGD as of 1730332800 were 173788 with a Short Ratio of 0.20, compared to 1727654400 on 27879. Therefore, it implies a Short% of Shares Outstanding of 173788 and a Short% of Float of 30.490000000000002.
