At the time of writing, Safe and Green Development Corp [SGD] stock is trading at $1.41, down -21.67%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SGD shares have gain 57.53% over the last week, with a monthly amount glided 80.54%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Safe and Green Development Corp fluctuated between $0.65 and $8.42. Safe and Green Development Corp [NASDAQ: SGD] shares were valued at $1.41 at the most recent close of the market.
Analyzing the SGD fundamentals
According to Safe and Green Development Corp [NASDAQ:SGD], the company’s sales were 0.18M for trailing twelve months, which represents an -63.53% plunge. 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 1.2533 points at the first support level, and at 1.0967 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6733, and for the 2nd resistance point, it is at 1.9367.
Ratios To Look Out For
It is important to note that Safe and Green Development Corp [NASDAQ:SGD] has a current ratio of 0.48. As well, the Quick Ratio is 0.48, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 16.37, the price to book ratio is 21.51.
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.
