Safe & Green Holdings Corp (SGBX) Stocks Reach New Highs at $0.21 During Trading Session

After finishing at $0.22 in the prior trading day, Safe & Green Holdings Corp (NASDAQ: SGBX) closed at $0.21, down -3.17%. In other words, the price has decreased by -$0.0070 from its previous closing price. On the day, 569974 shares were traded.

Ratios:

Our goal is to gain a better understanding of SGBX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 2.07 whereas as Long-Term Debt/Eq ratio is at 0.59.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGBX now has a Market Capitalization of 3.86M and an Enterprise Value of 14.54M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 0.78 whereas that against EBITDA is -1.05.

Stock Price History:

Over the past 52 weeks, SGBX has reached a high of $1.35, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 0.3309, while the 200-Day Moving Average is calculated to be 0.4764.

Shares Statistics:

The stock has traded on average 756.14K shares per day over the past 3-months and 3.75M shares per day over the last 10 days, according to various share statistics. A total of 12.59M shares are outstanding, with a floating share count of 11.83M. Insiders hold about 34.90% of the company’s shares, while institutions hold 3.49% stake in the company. Shares short for SGBX as of Feb 29, 2024 were 312.28k with a Short Ratio of 0.41, compared to 437.2k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.71% and a Short% of Float of 2.37%.

Dividends & Splits

In the trailing 12 months, SGBX’s forward annual dividend rate was 0.00, compared to 0.00 this year.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.37 for the current quarter, with a high estimate of -$0.37 and a low estimate of -$0.37, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.29, with high estimates of -$0.29 and low estimates of -$0.29.

Analysts are recommending an EPS of between -$1.29 and -$1.29 for the fiscal current year, implying an average EPS of -$1.29. EPS for the following year is -$1.33, with 1 analysts recommending between -$1.33 and -$1.33.

Revenue Estimates

1 analysts predict $11.47M in revenue for the current quarter. It ranges from a high estimate of $11.47M to a low estimate of $11.47M. As of the current estimate, Safe & Green Holdings Corp’s year-ago sales were $4.1M, an estimated increase of 179.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $13.12M, an increase of 104.00% less than the figure of $179.80% in the same quarter last year. There is a high estimate of $13.12M for the next quarter, whereas the lowest estimate is $13.12M.

A total of 1 analysts have provided revenue estimates for SGBX’s current fiscal year. The highest revenue estimate was $29.71M, while the lowest revenue estimate was $29.71M, resulting in an average revenue estimate of $29.71M. In the same quarter a year ago, actual revenue was $24.4M, up 21.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $60.55M in the next fiscal year. The high estimate is $60.55M and the low estimate is $60.55M. The average revenue growth estimate for next year is up 103.80% from the average revenue estimate for this year.

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