Stock Market Recap: Bright Green Corp (BGXX) Concludes at 0.23, a -2.89 Surge/Decline

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After finishing at $0.23 in the prior trading day, Bright Green Corp (NASDAQ: BGXX) closed at $0.23, down -2.89%. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 0.92 million shares were traded. BGXX stock price reached its highest trading level at $0.2497 during the session, while it also had its lowest trading level at $0.221.

Ratios:

Our goal is to gain a better understanding of BGXX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current Ratio is at 0.01. In the meantime, Its Debt-to-Equity ratio is 0.03 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 Jun 05 ’24 when Stockwell Lynn sold 1,000,000 shares for $0.36 per share. The transaction valued at 359,700 led to the insider holds 68,183,658 shares of the business.

Stockwell Lynn sold 250,000 shares of BGXX for $116,675 on Aug 31 ’23. The Director now owns 66,355,698 shares after completing the transaction at $0.47 per share.

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 42863416.

Stock Price History:

Over the past 52 weeks, BGXX has reached a high of $0.90, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -14.38%, while the 200-Day Moving Average is calculated to be -15.89%.

Shares Statistics:

The stock has traded on average 1.69M shares per day over the past 3-months and 461350 shares per day over the last 10 days, according to various share statistics. A total of 184.76M shares are outstanding, with a floating share count of 74.47M. Insiders hold about 60.84% of the company’s shares, while institutions hold 5.54% stake in the company. Shares short for BGXX as of 1721001600 were 459014 with a Short Ratio of 0.27, compared to 1718323200 on 2777224. Therefore, it implies a Short% of Shares Outstanding of 459014 and a Short% of Float of 0.9299999999999999.

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