Financial Analysis: Safe and Green Development Corp (SGD)’s Ratios Unveil Key Insights

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

As of close of business last night, Safe and Green Development Corp’s stock clocked out at $0.61, down -7.18% from its previous closing price of $0.66. In other words, the price has decreased by -$7.18 from its previous closing price. On the day, 5.22 million shares were traded. SGD stock price reached its highest trading level at $0.81 during the session, while it also had its lowest trading level at $0.6.

Ratios:

To gain a deeper understanding of SGD’s stock, we examine its different ratios. 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 3.60 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 8790110 and an Enterprise Value of 15597800.

Stock Price History:

Over the past 52 weeks, SGD has reached a high of $10.46, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is -20.51%, while the 200-Day Moving Average is calculated to be -52.28%.

Shares Statistics:

It appears that SGD traded 1.62M shares on average per day over the past three months and 948720 shares per day over the past ten days. A total of 10.00M shares are outstanding, with a floating share count of 3.95M. Insiders hold about 72.47% of the company’s shares, while institutions hold 1.87% stake in the company. Shares short for SGD as of 1713139200 were 166469 with a Short Ratio of 0.10, compared to 1710460800 on 308823. Therefore, it implies a Short% of Shares Outstanding of 166469 and a Short% of Float of 2.7.

Earnings Estimates

Investors are keenly observing as 1 analysts analyze and rate the current performance of Safe and Green Development Corp (SGD) in the stock market.On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.02, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.14 and -$0.29 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is -$0.16, with 2.0 analysts recommending between -$0.13 and -$0.2.

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