The stock price of Safe and Green Development Corp (NASDAQ: SGD) has jumped by 15.29 compared to previous close of 2.42. Despite this, the company has seen a gain of 25.11% in its stock price over the last five trading days. prnewswire.com reported 2024-12-18 that MIAMI, Dec. 18, 2024 /PRNewswire/ — Safe and Green Development Corporation (NASDAQ: SGD) (“SGD” or the “Company”), a real estate development company, is excited to share its 2024 Year In Review highlights, including the strategic sale of the St. Mary’s property, the progress of the Sugar Phase I Development, the acquisition of additional single-family lots in South Texas and the closing of multiple construction loans. A Message from CEO David Villarreal: “We believe we have set the stage for rapid growth on a defined path throughout 2025 and beyond.
Is It Worth Investing in Safe and Green Development Corp (NASDAQ: SGD) Right Now?
SGD has 36-month beta value of 6.35. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SGD is 1.08M, and currently, short sellers hold a 8.53% ratio of that float. The average trading volume of SGD on December 27, 2024 was 527.10K shares.
SGD’s Market Performance
SGD’s stock has seen a 25.11% increase for the week, with a 26.24% rise in the past month and a -49.42% fall in the past quarter. The volatility ratio for the week is 13.02%, and the volatility levels for the past 30 days are at 12.05% for Safe and Green Development Corp The simple moving average for the past 20 days is 20.71% for SGD’s stock, with a -63.09% simple moving average for the past 200 days.
SGD Trading at 3.86% 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 -94.81% of loss for the given period.
Volatility was left at 12.05%, however, over the last 30 days, the volatility rate increased by 13.02%, as shares surge +30.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.72% lower at present.
During the last 5 trading sessions, SGD rose by +25.11%, which changed the moving average for the period of 200-days by -86.46% in comparison to the 20-day moving average, which settled at $2.31. In addition, Safe and Green Development Corp saw -90.04% 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:
- -34.75 for the present operating margin
- -6.83 for the gross margin
The net margin for Safe and Green Development Corp stands at -51.75. The total capital return value is set at -2.24. Equity return is now at value -348.98, with -72.61 for asset returns.
Based on Safe and Green Development Corp (SGD), the company’s capital structure generated 0.94 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 14.52. The interest coverage ratio of the stock is -2.04.
Currently, EBITDA for the company is -3.02 million with net debt to EBITDA at -1.51. When we switch over and look at the enterprise to sales, we see a ratio of 76.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
To put it simply, Safe and Green Development Corp (SGD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
