Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Bright Green Corp (NASDAQ: BGXX) closed the day trading at $0.18 down -6.12% from the previous closing price of $0.20. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 0.9 million shares were traded. BGXX stock price reached its highest trading level at $0.1979 during the session, while it also had its lowest trading level at $0.1584.
Ratios:
For a better understanding of BGXX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.04 and its Current Ratio is at 0.04. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 37272512 and an Enterprise Value of 35182328.
Stock Price History:
The Beta on a monthly basis for BGXX is 0.77, which has changed by -0.87310344 over the last 52 weeks, in comparison to a change of 0.21080327 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 -22.27%, while the 200-Day Moving Average is calculated to be -50.36%.
Shares Statistics:
Over the past 3-months, BGXX traded about 2.08M shares per day on average, while over the past 10 days, BGXX traded about 384680 shares per day. A total of 184.76M shares are outstanding, with a floating share count of 71.83M. Insiders hold about 62.23% of the company’s shares, while institutions hold 7.57% stake in the company. Shares short for BGXX as of 1713139200 were 3109546 with a Short Ratio of 1.49, compared to 1710460800 on 3571766. Therefore, it implies a Short% of Shares Outstanding of 3109546 and a Short% of Float of 3.7900000000000005.
