Safe and Green Development Corp (NASDAQ: SGD) kicked off on Friday, up 4.29% from the previous trading day, before settling in for the closing price of $3.03. Over the past 52 weeks, SGD has traded in a range of $2.66-$168.40.
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With a float of $0.53 million, this company’s outstanding shares have now reached $0.94 million.
In an organization with 2 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -428.41%, operating margin of -5665.18%, and the pretax margin is -8202.59%.
Safe and Green Development Corp (SGD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Real Estate – Development Industry. The insider ownership of Safe and Green Development Corp is 43.95%, while institutional ownership is 1.45%. The most recent insider transaction that took place on Sep 09 ’24, was worth 3,163. In this transaction Chief Financial Officer of this company sold 12,000 shares at a rate of $0.26, taking the stock ownership to the 155,472 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Chief Financial Officer sold 10,000 for $0.25, making the entire transaction worth $2,502. This insider now owns 145,472 shares in total.
Safe and Green Development Corp (SGD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
Safe and Green Development Corp (NASDAQ: SGD) Trading Performance Indicators
Take a look at Safe and Green Development Corp’s (SGD) current performance indicators. Last quarter, stock had a quick ratio of 0.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 33.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.74
Technical Analysis of Safe and Green Development Corp (SGD)
Let’s dig in a bit further. During the last 5-days, its volume was 0.84 million. That was better than the volume of 0.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.49%. Additionally, its Average True Range was 0.82.
During the past 100 days, Safe and Green Development Corp’s (SGD) raw stochastic average was set at 6.00%, which indicates a significant decrease from 12.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.83% in the past 14 days, which was higher than the 104.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.85, while its 200-day Moving Average is $10.64. However, in the short run, Safe and Green Development Corp’s stock first resistance to watch stands at $3.66. Second resistance stands at $4.15. The third major resistance level sits at $4.47. If the price goes on to break the first support level at $2.85, it is likely to go to the next support level at $2.53. The third support level lies at $2.04 if the price breaches the second support level.
Safe and Green Development Corp (NASDAQ: SGD) Key Stats
The company with the Market Capitalisation of 2.97 million has total of 15,757K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -4,200 K annual income. Company’s last quarter sales were recorded 40 K and last quarter income was -1,970 K.
