Safe & Green Holdings Corp (SGBX)’s stock is trading at $0.25 at the moment marking a fall of -10.02% from the last session close. As of this writing, shares are priced at -81.19% less than their 52-week high of $1.35, and 0.79% over their 52-week low of $0.25. Based on the past 30-day period, the stock price is -44.92% below the high and +7.10% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, SGBX’s SMA-200 is $0.7434.
Further, it is important to consider SGBX stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.25.SGBX’s price to book ratio for the most recent quarter was 0.74, resulting in an 6.50 price to cash per share for the period.
How does Safe & Green Holdings Corp (SGBX) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Safe & Green Holdings Corp (SGBX): Earnings History
If we examine Safe & Green Holdings Corp’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of -$0.23, slashing the consensus of -$0.36. In other words, it beat the consensus by $0.13, resulting in a 36.10% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of -$0.23 in contrast with the Outlook of -$0.36. That was a difference of $0.13 and a surprise of 36.10%.
Safe & Green Holdings Corp (NASDAQ: SGBX) Ownership Details
I will give a breakdown of the key shareholders in Safe & Green Holdings Corp (SGBX). Recent figures show that the company’s insiders hold 39.34% of shares. A total of 13 institutional investors hold shares in the company, making 3.85% of its stock and 6.35% of its float.
Jun 29, 2023, it was reported that the Company’s largest institutional holder is Vanguard Group Inc holding total of 0.31 million shares that make 1.95% of the company’s total number of shares and are currently priced at 0.3 million.
The securities firm Susquehanna International Group, LLP holds 0.22 million shares of SGBX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.39%, and the holding percentage of shares is valued at 0.21 million.
An overview of Safe & Green Holdings Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Safe & Green Holdings Corp (SGBX) traded 1,761,787 shares per day, with a moving average of $0.3020 and price change of -0.0471. With the moving average of $0.3690 and a price change of -0.1803, about 836,571 shares changed hands on average over the past 50 days. Finally, SGBX’s 100-day average volume is 1,341,976 shares, alongside a moving average of $0.4345 and a price change of -0.2211.
