Stock Market Recap: Safe and Green Development Corp (SGD) Concludes at 0.25, a -6.70 Surge/Decline

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After finishing at $0.27 in the prior trading day, Safe and Green Development Corp (NASDAQ: SGD) closed at $0.25, down -6.70%. In other words, the price has decreased by -$6.70 from its previous closing price. On the day, 0.53 million shares were traded. SGD stock price reached its highest trading level at $0.29 during the session, while it also had its lowest trading level at $0.2407.

Ratios:

Our goal is to gain a better understanding of SGD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.10. In the meantime, Its Debt-to-Equity ratio is 4.17 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 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 4720892 and an Enterprise Value of 12889495. For the stock, the TTM Price-to-Sale (P/S) ratio is 52.44 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 140.137.

Stock Price History:

Over the past 52 weeks, SGD has reached a high of $8.42, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -64.42%.

Shares Statistics:

The stock has traded on average 1.98M shares per day over the past 3-months and 240960 shares per day over the last 10 days, according to various share statistics. A total of 18.73M shares are outstanding, with a floating share count of 11.66M. Insiders hold about 37.77% of the company’s shares, while institutions hold 1.45% stake in the company. Shares short for SGD as of 1724976000 were 424490 with a Short Ratio of 0.21, compared to 1722384000 on 929653. Therefore, it implies a Short% of Shares Outstanding of 424490 and a Short% of Float of 3.58.

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