Safe and Green Development Corp [SGD] stock prices are down -10.49% to $1.28 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 SGD shares have gain 2.40% over the last week, with a monthly amount drifted -1.54%, and not 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 $6.30 over the past year. Safe and Green Development Corp [NASDAQ: SGD] shares were valued at $1.28 at the most recent close of the market.
Analyzing the SGD fundamentals
The Safe and Green Development Corp [NASDAQ:SGD] reported sales of 1.54M for trailing twelve months, representing a surge of 3226.48%. Gross Profit Margin for this corporation currently stands at 1.2% with Operating Profit Margin at -5.79%, Pretax Profit Margin comes in at -7.67%, and Net Profit Margin reading is -7.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is -8.41 and Total Capital is -1.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.34.
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 1.1633 points at the first support level, and at 1.0467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4133, and for the 2nd resistance point, it is at 1.5467.
Ratios To Look Out For
It’s worth pointing out that Safe and Green Development Corp [NASDAQ:SGD]’s Current Ratio is 0.12. Also, the Quick Ratio is 0.09, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 4.04, the price to book ratio is 0.92.
