At the time of writing, Signing Day Sports Inc [SGN] stock is trading at $0.25, up 34.86%. An important factor to consider is whether the stock is rising or falling in short-term value. The SGN shares have gain 32.71% over the last week, with a monthly amount drifted -2.16%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
For the past year, the stock price of Signing Day Sports Inc fluctuated between $0.11 and $5.09. Signing Day Sports Inc [AMEX: SGN] shares were valued at $0.25 at the most recent close of the market.
Analyzing the SGN fundamentals
According to Signing Day Sports Inc [AMEX:SGN], the company’s sales were 0.58M for trailing twelve months, which represents an 75.47% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.26.
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 0.2044 points at the first support level, and at 0.1592 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2903, and for the 2nd resistance point, it is at 0.3310.
Ratios To Look Out For
It is important to note that Signing Day Sports Inc [AMEX:SGN] has a current ratio of 0.58. On the other hand, the Quick Ratio is 0.58, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 8.56.
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.
