The price-to-earnings ratio for Strong Global Entertainment Inc (AMEX: SGE) is above average at 53.61x. The 36-month beta value for SGE is also noteworthy at 0.44.
The public float for SGE is 1.73M, and at present, short sellers hold a 0.02% of that float. The average trading volume of SGE on May 06, 2024 was 18.14K shares.
SGE) stock’s latest price update
The stock price of Strong Global Entertainment Inc (AMEX: SGE) has jumped by 134.19 compared to previous close of 1.14. Despite this, the company has seen a gain of 120.66% in its stock price over the last five trading days. GlobeNewsWire reported 2023-10-26 that CHARLOTTE, N.C., Oct. 26, 2023 (GLOBE NEWSWIRE) — Strong Global Entertainment, Inc. (NYSE American: SGE) (the “Company”) today announced that the Company will issue its 2023 third quarter financial results after the market close on Thursday, November 9, 2023. The Company’s financial results and an accompanying slide presentation will be available on the Investor Relations page of the Company’s website.
SGE’s Market Performance
SGE’s stock has risen by 120.66% in the past week, with a monthly rise of 85.42% and a quarterly rise of 130.17%. The volatility ratio for the week is 8.64% while the volatility levels for the last 30 days are 12.33% for Strong Global Entertainment Inc The simple moving average for the last 20 days is 116.02% for SGE’s stock, with a simple moving average of 60.05% for the last 200 days.
SGE Trading at 113.81% from the 50-Day Moving Average
After a stumble in the market that brought SGE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.62% of loss for the given period.
Volatility was left at 12.33%, however, over the last 30 days, the volatility rate increased by 8.64%, as shares surge +90.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +102.37% upper at present.
During the last 5 trading sessions, SGE rose by +107.39%, which changed the moving average for the period of 200-days by -16.07% in comparison to the 20-day moving average, which settled at $1.2955. In addition, Strong Global Entertainment Inc saw 67.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SGE starting from Roberson Mark D., who purchase 500 shares at the price of $1.43 back on Dec 11 ’23. After this action, Roberson Mark D. now owns 20,950 shares of Strong Global Entertainment Inc, valued at $715 using the latest closing price.
Roberson Mark D., the CEO and Director of Strong Global Entertainment Inc, purchase 800 shares at $1.41 during a trade that took place back on Dec 08 ’23, which means that Roberson Mark D. is holding 20,450 shares at $1,129 based on the most recent closing price.
Stock Fundamentals for SGE
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.36 for the gross margin
The net margin for Strong Global Entertainment Inc stands at 0.08. The total capital return value is set at 0.07. Equity return is now at value 38.64, with 12.53 for asset returns.
Based on Strong Global Entertainment Inc (SGE), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 1.17. The interest coverage ratio of the stock is 6.09.
Currently, EBITDA for the company is 0.61 million with net debt to EBITDA at 2.8. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 6.46for trailing twelve months and the total asset turnover is 1.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
In summary, Strong Global Entertainment Inc (SGE) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
