The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Safe and Green Development Corp (NASDAQ: SGD) closed at $2.02 down -17.21% from its previous closing price of $2.44. In other words, the price has decreased by -$17.21 from its previous closing price. On the day, 10.54 million shares were traded. SGD stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $1.95.
Ratios:
For a deeper understanding of Safe and Green Development Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3003477 and an Enterprise Value of 10770259. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.70 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 117.096.
Stock Price History:
The Beta on a monthly basis for SGD is 5.01, which has changed by -0.83055556 over the last 52 weeks, in comparison to a change of 0.22212577 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 -20.29%, while the 200-Day Moving Average is calculated to be -69.59%.
Shares Statistics:
For the past three months, SGD has traded an average of 534.41K shares per day and 53160 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 0.19, 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.
