The closing price of Bright Green Corp (NASDAQ: BGXX) was $0.28 for the day, up 4.42% from the previous closing price of $0.27. In other words, the price has increased by $+0.0120 from its previous closing price. On the day, 523791 shares were traded.
Ratios:
Our analysis of BGXX’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 50.97M and an Enterprise Value of 52.50M.
Stock Price History:
The Beta on a monthly basis for BGXX is 0.70, which has changed by -68.38% over the last 52 weeks, in comparison to a change of 31.54% over the same period for the S&P500. 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 0.2333, while the 200-Day Moving Average is calculated to be 0.4578.
Shares Statistics:
BGXX traded an average of 1.99M shares per day over the past three months and 8.13M shares per day over the past ten days. A total of 173.30M 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 Feb 29, 2024 were 2.79M with a Short Ratio of 1.40, compared to 2.32M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 3.68%.
