Trading Day Review: Signing Day Sports Inc (SGN) Gains Momentum, Closing at 0.31

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The price of Signing Day Sports Inc (AMEX: SGN) closed at $0.31 in the last session, up 6.64% from day before closing price of $0.29. In other words, the price has increased by $6.64 from its previous closing price. On the day, 1.0 million shares were traded. SGN stock price reached its highest trading level at $0.3295 during the session, while it also had its lowest trading level at $0.285.

Ratios:

We take a closer look at SGN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.08.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 16 ’23 when Kim Glen bought 20,000 shares for $5.00 per share. The transaction valued at 100,000 led to the insider holds 752,433 shares of the business.

Dorsey John Joseph bought 20,000 shares of SGN for $100,000 on Nov 16 ’23. The 10% Owner now owns 60,000 shares after completing the transaction at $5.00 per share. On Nov 16 ’23, another insider, Nelson Daniel D, who serves as the CEO and Chairman of the company, bought 20,000 shares for $5.00 each. As a result, the insider paid 100,000 and bolstered with 20,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGN now has a Market Capitalization of 4839649 and an Enterprise Value of 3071943. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.64 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 9.988 whereas that against EBITDA is -0.649.

Stock Price History:

Over the past 52 weeks, SGN has reached a high of $5.09, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -17.56%, while the 200-Day Moving Average is calculated to be -56.95%.

Shares Statistics:

According to the various share statistics, SGN traded on average about 119.40K shares per day over the past 3-months and 56550 shares per day over the past 10 days. Shares short for SGN as of 1713139200 were 111931 with a Short Ratio of 0.94, compared to 1710460800 on 116507. Therefore, it implies a Short% of Shares Outstanding of 111931 and a Short% of Float of 1.39999995.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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