The stock has a 36-month beta value of 7.12. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SGD is 0.53M, and at present, short sellers hold a 18.83% of that float. On November 05, 2024, the average trading volume of SGD was 482.17K shares.
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
SGD) stock’s latest price update
Safe and Green Development Corp (NASDAQ: SGD)’s stock price has increased by 10.61 compared to its previous closing price of 3.11. However, the company has seen a -6.52% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-29 that MIAMI, Oct. 29, 2024 /PRNewswire/ — Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), a real estate development company, announces the start of construction on its Sugar Phase I project in South Texas. Following the recent completion of all required site work and receipt of necessary elevation certificates and permits, SG Devco has officially broken ground on this first phase, which will consist of 5 single-family homes.
SGD’s Market Performance
Safe and Green Development Corp (SGD) has seen a -6.52% fall in stock performance for the week, with a -34.60% decline in the past month and a -33.74% plunge in the past quarter. The volatility ratio for the week is 16.03%, and the volatility levels for the past 30 days are at 25.05% for SGD. The simple moving average for the last 20 days is 3.32% for SGD stock, with a simple moving average of -66.25% for the last 200 days.
SGD Trading at -24.50% 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 -97.96% of loss for the given period.
Volatility was left at 25.05%, however, over the last 30 days, the volatility rate increased by 16.03%, as shares sank -26.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.14% lower at present.
During the last 5 trading sessions, SGD fell by -6.52%, which changed the moving average for the period of 200-days by -76.79% in comparison to the 20-day moving average, which settled at $3.33. In addition, Safe and Green Development Corp saw -87.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SGD starting from Brune Nicolai Ayrton, who sale 12,000 shares at the price of $0.26 back on Sep 09 ’24. After this action, Brune Nicolai Ayrton now owns 155,472 shares of Safe and Green Development Corp, valued at $3,163 using the latest closing price.
Brune Nicolai Ayrton, the Chief Financial Officer of Safe and Green Development Corp, sale 10,000 shares at $0.25 during a trade that took place back on Sep 10 ’24, which means that Brune Nicolai Ayrton is holding 145,472 shares at $2,502 based on the most recent closing price.
Stock Fundamentals for SGD
Current profitability levels for the company are sitting at:
- -56.65 for the present operating margin
- -4.28 for the gross margin
The net margin for Safe and Green Development Corp stands at -82.03. The total capital return value is set at -1.76. Equity return is now at value -437.31, with -63.98 for asset returns.
Based on Safe and Green Development Corp (SGD), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at -0.49. The debt to equity ratio resting at 4.18. The interest coverage ratio of the stock is -2.23.
Currently, EBITDA for the company is -3.02 million with net debt to EBITDA at -1.61. When we switch over and look at the enterprise to sales, we see a ratio of 126.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
To sum up, Safe and Green Development Corp (SGD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
