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The closing price of Safe and Green Development Corp (NASDAQ: SGD) was $1.60 for the day, down -3.03% from the previous closing price of $1.65. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 1.77 million shares were traded. SGD stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.47.
Ratios:
Our analysis of SGD’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2378992 and an Enterprise Value of 10770259. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.02 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 117.096.
Stock Price History:
The Beta on a monthly basis for SGD is 5.16, which has changed by -0.91649795 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. 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 -26.89%, while the 200-Day Moving Average is calculated to be -73.21%.
Shares Statistics:
SGD traded an average of 310.29K shares per day over the past three months and 1172170 shares per day over the past ten days. 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 0.24, compared to 1727654400 on 27879. Therefore, it implies a Short% of Shares Outstanding of 173788 and a Short% of Float of 30.490000000000002.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
