On November 20, 2023, Safe & Green Holdings Corp (NASDAQ: SGBX) opened at $0.6897, higher 8.90% from the last session. During the day, the shares moved up to $0.8931 and dropped to $0.66 before settling in for the closing price of $0.78. Price fluctuations for SGBX have ranged from $0.32 to $1.35 over the past 52 weeks.
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 98.63%. Company’s average yearly earnings per share was noted -118.64% at the time writing. With a float of $10.26 million, this company’s outstanding shares have now reached $12.59 million.
The extent of productivity of a business whose workforce counts for 15 workers is very important to gauge. In terms of profitability, gross margin is -11.21, operating margin of -29.64, and the pretax margin is -29.06.
Safe & Green Holdings Corp (SGBX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Metal Fabrication industry is another important factor to consider. The insider ownership of Safe & Green Holdings Corp is 37.74%, while institutional ownership is 4.61%.
Safe & Green Holdings Corp (SGBX) Latest Financial update
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.23 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.36) by $0.13. This company achieved a net margin of -34.10 while generating a return on equity of -47.30. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -118.64% per share during the next fiscal year.
Safe & Green Holdings Corp (NASDAQ: SGBX) Trading Performance Indicators
Check out the current performance indicators for Safe & Green Holdings Corp (SGBX). In the past quarter, the stock posted a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.62 in one year’s time.
Technical Analysis of Safe & Green Holdings Corp (SGBX)
The latest stats from [Safe & Green Holdings Corp, SGBX] show that its last 5-days average volume of 14.61 million was superior to 0.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.10%. Additionally, its Average True Range was 0.15.
During the past 100 days, Safe & Green Holdings Corp’s (SGBX) raw stochastic average was set at 28.35%, which indicates a significant decrease from 50.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 242.94% in the past 14 days, which was higher than the 160.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6874, while its 200-day Moving Average is $0.9428. Now, the first resistance to watch is $0.9417. This is followed by the second major resistance level at $1.0339. The third major resistance level sits at $1.1748. If the price goes on to break the first support level at $0.7086, it is likely to go to the next support level at $0.5677. The third support level lies at $0.4755 if the price breaches the second support level.
Safe & Green Holdings Corp (NASDAQ: SGBX) Key Stats
There are currently 16,483K shares outstanding in the company with a market cap of 14.00 million. Presently, the company’s annual sales total 24,390 K according to its annual income of -8,320 K. Last quarter, the company’s sales amounted to 5,100 K and its income totaled -5,560 K.