Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Bright Green Corp (NASDAQ: BGXX) closed at $0.22 up 9.04% from its previous closing price of $0.20. In other words, the price has increased by $9.04 from its previous closing price. On the day, 0.59 million shares were traded. BGXX stock price reached its highest trading level at $0.2294 during the session, while it also had its lowest trading level at $0.2051.
Ratios:
For a deeper understanding of Bright Green Corp’s stock, let’s take a closer look at its various 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:
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 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 42197836 and an Enterprise Value of 42389628.
Stock Price History:
Over the past 52 weeks, BGXX has reached a high of $1.19, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -7.19%, while the 200-Day Moving Average is calculated to be -35.67%.
Shares Statistics:
For the past three months, BGXX has traded an average of 2.17M shares per day and 1009980 over the past ten days. 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 5.68% stake in the company. Shares short for BGXX as of 1713139200 were 3109546 with a Short Ratio of 1.43, compared to 1710460800 on 3571766. Therefore, it implies a Short% of Shares Outstanding of 3109546 and a Short% of Float of 3.7900000000000005.
