The 36-month beta value for SGBX is also noteworthy at -2.72. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SGBX is 11.83M, and at present, short sellers hold a 2.27% of that float. The average trading volume of SGBX on April 29, 2024 was 2.89M shares.
SGBX) stock’s latest price update
The stock of Safe & Green Holdings Corp (NASDAQ: SGBX) has decreased by -32.74 when compared to last closing price of 0.22.Despite this, the company has seen a loss of -4.97% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-15 that Miami, FL, April 15, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced the Company plans to report its financial results and file its Form 10-K for the year ended December 31, 2023, on April 16, 2024.
SGBX’s Market Performance
SGBX’s stock has fallen by -4.97% in the past week, with a monthly drop of -26.35% and a quarterly drop of -63.21%. The volatility ratio for the week is 28.44% while the volatility levels for the last 30 days are 14.98% for Safe & Green Holdings Corp. The simple moving average for the past 20 days is -13.38% for SGBX’s stock, with a -66.87% simple moving average for the past 200 days.
SGBX Trading at -35.47% from the 50-Day Moving Average
After a stumble in the market that brought SGBX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.09% of loss for the given period.
Volatility was left at 14.98%, however, over the last 30 days, the volatility rate increased by 28.44%, as shares sank -26.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.47% lower at present.
During the last 5 trading sessions, SGBX fell by -4.97%, which changed the moving average for the period of 200-days by -87.62% in comparison to the 20-day moving average, which settled at $0.1674. In addition, Safe & Green Holdings Corp saw -68.71% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SGBX
Current profitability levels for the company are sitting at:
- -0.84 for the present operating margin
- -0.02 for the gross margin
The net margin for Safe & Green Holdings Corp stands at -0.99. The total capital return value is set at -1.62. Equity return is now at value -141.93, with -60.47 for asset returns.
Based on Safe & Green Holdings Corp (SGBX), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at -0.42. The debt to equity ratio resting at 2.07. The interest coverage ratio of the stock is -9.15.
Currently, EBITDA for the company is -6.15 million with net debt to EBITDA at -0.77. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The receivables turnover for the company is 24.58for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In summary, Safe & Green Holdings Corp (SGBX) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
