Detailed Review Of Prospects For Signing Day Sports Inc Stock

A share price of Signing Day Sports Inc [SGN] is currently trading at $0.29, up 32.03%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SGN shares have gain 27.16% over the last week, with a monthly amount glided 42.82%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Signing Day Sports Inc experienced fluctuations in its stock price throughout the past year between $0.15 and $5.09. Signing Day Sports Inc [AMEX: SGN] shares were valued at $0.29 at the most recent close of the market.

Analyzing the SGN fundamentals

Trailing Twelve Months sales for Signing Day Sports Inc [AMEX:SGN] were 0.58M which represents 75.47% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -11.25%, Pretax Profit Margin comes in at -13.07%, and Net Profit Margin reading is -13.07%. To continue investigating profitability, this company’s Return on Assets is posted at -2.11, Equity is 2.87 and Total Capital is 7.95. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.15.

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 0.2394 points at the first support level, and at 0.1924 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3217, and for the 2nd resistance point, it is at 0.3570.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Signing Day Sports Inc [AMEX:SGN] is 0.58. Further, the Quick Ratio stands at 0.58, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 8.33.

Transactions by insiders

Recent insider trading involved Dorsey John Joseph, 10% Owner, that happened on Nov 16 ’23 when 20000.0 shares were purchased. Director, Kim Glen completed a deal on Nov 16 ’23 to buy 20000.0 shares. Meanwhile, CEO and Chairman Nelson Daniel D bought 20000.0 shares on Nov 16 ’23.

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