Safe & Green Holdings Corp [SGBX] stock prices are up 51.98% to $0.22 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SGBX shares have gain 42.21% over the last week, with a monthly amount glided 6.83%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Safe & Green Holdings Corp [SGBX] has been fluctuating between $0.14 and $1.35 over the past year. Safe & Green Holdings Corp [NASDAQ: SGBX] shares were valued at $0.22 at the most recent close of the market.
Analyzing the SGBX fundamentals
The Safe & Green Holdings Corp [NASDAQ:SGBX] reported sales of 18.67M for trailing twelve months, representing a drop of -3.99%. Gross Profit Margin for this corporation currently stands at -0.02% with Operating Profit Margin at -0.84%, Pretax Profit Margin comes in at -0.89%, and Net Profit Margin reading is -0.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.73, Equity is -1.73 and Total Capital is -1.62. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1672 points at the first support level, and at 0.1154 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2936, and for the 2nd resistance point, it is at 0.3682.
Safe & Green Holdings Corp [SGBX] reported earnings per share of -$0.23 for its fiscal quarter that ended on 9/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.36/share, meaning a difference of $0.13 and a surprise factor of 36.10%. By comparison, the stated earnings for the previous quarter ended on 6/30/2023 were -$0.37 per share as compared to estimates of -$0.23 per share, a difference of -$0.14 representing a surprise of -60.90%.
Ratios To Look Out For
It’s worth pointing out that Safe & Green Holdings Corp [NASDAQ:SGBX]’s Current Ratio is 0.45. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.63.
