The stock of Safe and Green Development Corp (SGD) has gone up by 2.60% for the week, with a -17.26% drop in the past month and a -21.98% drop in the past quarter. The volatility ratio for the week is 13.25%, and the volatility levels for the past 30 days are 23.96% for SGD. The simple moving average for the past 20 days is -4.91% for SGD’s stock, with a -55.44% simple moving average for the past 200 days.
Is It Worth Investing in Safe and Green Development Corp (NASDAQ: SGD) Right Now?
Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SGD is 7.02M, and currently, short sellers hold a 5.64% ratio of that floaft. The average trading volume of SGD on May 24, 2024 was 4.72M shares.
SGD) stock’s latest price update
Safe and Green Development Corp (NASDAQ: SGD) has experienced a rise in its stock price by 4.54 compared to its previous closing price of 0.52. However, the company has seen a gain of 2.60% in its stock price over the last five trading days. globenewswire.com reported 2024-05-21 that MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) — Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo” or the “Company”) is providing an update on the planned sale of its St Mary’s property.
SGD Trading at -21.40% from the 50-Day Moving Average
After a stumble in the market that brought SGD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.80% of loss for the given period.
Volatility was left at 23.96%, however, over the last 30 days, the volatility rate increased by 13.25%, as shares sank -15.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.32% lower at present.
During the last 5 trading sessions, SGD rose by +1.91%, in comparison to the 20-day moving average, which settled at $0.5671. In addition, Safe and Green Development Corp saw -61.16% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SGD
Current profitability levels for the company are sitting at:
- -96.44 for the present operating margin
- 1.0 for the gross margin
The net margin for Safe and Green Development Corp stands at -127.74. The total capital return value is set at -1.88. Equity return is now at value -266.81, with -54.90 for asset returns.
Based on Safe and Green Development Corp (SGD), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at -0.65. The debt to equity ratio resting at 2.65. The interest coverage ratio of the stock is -3.08.
Currently, EBITDA for the company is -11.81 million with net debt to EBITDA at -1.39. When we switch over and look at the enterprise to sales, we see a ratio of 312.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
In a nutshell, Safe and Green Development Corp (SGD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
