Safe and Green Development Corp [SGD] stock prices are down -17.50% to $0.99 at the moment. 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 SGD shares have gain 10.64% over the last week, with a monthly amount glided 19.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Safe and Green Development Corp [SGD] has been fluctuating between $0.65 and $12.00 over the past year. Safe and Green Development Corp [NASDAQ: SGD] shares were valued at $0.99 at the most recent close of the market.
Analyzing the SGD fundamentals
The Safe and Green Development Corp [NASDAQ:SGD] reported sales of 0.18M for trailing twelve months, representing a drop of -63.53%. Gross Profit Margin for this corporation currently stands at -4.01% with Operating Profit Margin at -27.68%, Pretax Profit Margin comes in at -45.6%, and Net Profit Margin reading is -45.6%. To continue investigating profitability, this company’s Return on Assets is posted at -0.61, Equity is -8.99 and Total Capital is -4.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of31.57.
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 0.8367 points at the first support level, and at 0.6833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1967, and for the 2nd resistance point, it is at 1.4033.
Ratios To Look Out For
It’s worth pointing out that Safe and Green Development Corp [NASDAQ:SGD]’s Current Ratio is 0.48. Further, the Quick Ratio stands at 0.48, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 11.50, the price to book ratio is 15.10.
Transactions by insiders
Recent insider trading involved Brune Nicolai Ayrton, Chief Financial Officer, that happened on Sep 09 ’24 when 12000.0 shares were sold. Chief Financial Officer, Brune Nicolai Ayrton completed a deal on Sep 10 ’24 to sell 10000.0 shares. Meanwhile, Officer Brune Nicolai Ayrton bought 10000.0 shares on Sep 10 ’24.
