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The closing price of Signing Day Sports Inc (AMEX: SGN) was $0.30 for the day, down -12.23% from the previous closing price of $0.34. In other words, the price has decreased by -$12.23 from its previous closing price. On the day, 5.39 million shares were traded. SGN stock price reached its highest trading level at $0.3573 during the session, while it also had its lowest trading level at $0.2944.
Ratios:
Our analysis of SGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58.
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 Nov 16 ’23 when Dorsey John Joseph bought 20,000 shares for $5.00 per share. The transaction valued at 100,000 led to the insider holds 60,000 shares of the business.
Kim Glen bought 20,000 shares of SGN for $100,000 on Nov 16 ’23. The Director now owns 752,433 shares after completing the transaction at $5.00 per share. On Nov 16 ’23, another insider, Nelson Daniel D, who serves as the CEO and Chairman of the company, bought 20,000 shares for $5.00 each. As a result, the insider paid 100,000 and bolstered with 20,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGN now has a Market Capitalization of 5435310 and an Enterprise Value of 5842566. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.37. Its current Enterprise Value per Revenue stands at 10.137 whereas that against EBITDA is -0.888.
Stock Price History:
Over the past 52 weeks, SGN has reached a high of $5.09, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is 47.86%, while the 200-Day Moving Average is calculated to be -31.63%.
Shares Statistics:
SGN traded an average of 10.21M shares per day over the past three months and 63056240 shares per day over the past ten days. A total of 13.25M shares are outstanding, with a floating share count of 10.61M. Insiders hold about 41.46% of the company’s shares, while institutions hold 12.24% stake in the company. Shares short for SGN as of 1724976000 were 114585 with a Short Ratio of 0.01, compared to 1722384000 on 5521. Therefore, it implies a Short% of Shares Outstanding of 114585 and a Short% of Float of 0.9299999999999999.
