The stock of Safe & Green Holdings Corp (NASDAQ: SGBX) has increased by 5.18 when compared to last closing price of 0.46.Despite this, the company has seen a gain of 17.52% in its stock price over the last five trading days. globenewswire.com reported 2024-12-27 that MIAMI, FL, Dec. 27, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced a decisive legal victory in its litigation against EDI International, PC, and PVE, LLC. The Superior Court of Los Angeles County awarded a judgment in favor of Safe & Green Holdings, granting the Company $1,274,752 in damages, with additional potential awards for interest, legal costs, and attorney’s fees.
Is It Worth Investing in Safe & Green Holdings Corp (NASDAQ: SGBX) Right Now?
The 36-month beta value for SGBX is at -2.77. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SGBX is 3.89M, and currently, shorts hold a 7.53% of that float. The average trading volume for SGBX on December 27, 2024 was 3.10M shares.
SGBX’s Market Performance
SGBX’s stock has seen a 17.52% increase for the week, with a 18.62% rise in the past month and a -50.34% fall in the past quarter. The volatility ratio for the week is 14.97%, and the volatility levels for the past 30 days are at 17.40% for Safe & Green Holdings Corp The simple moving average for the past 20 days is -0.66% for SGBX’s stock, with a -76.95% simple moving average for the past 200 days.
SGBX Trading at -30.87% 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 -95.37% of loss for the given period.
Volatility was left at 17.40%, however, over the last 30 days, the volatility rate increased by 14.97%, as shares surge +28.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.78% lower at present.
During the last 5 trading sessions, SGBX rose by +19.84%, which changed the moving average for the period of 200-days by -89.36% in comparison to the 20-day moving average, which settled at $0.4847. In addition, Safe & Green Holdings Corp saw -94.89% 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:
- -2.68 for the present operating margin
- -1.25 for the gross margin
The net margin for Safe & Green Holdings Corp stands at -4.21. The total capital return value is set at 4.66. Equity return is now at value -8080.39, with -143.30 for asset returns.
Based on Safe & Green Holdings Corp (SGBX), the company’s capital structure generated -4.12 points at debt to capital in total, while cash flow to debt ratio is standing at -1.66. The debt to equity ratio resting at -0.8. The interest coverage ratio of the stock is -3.14.
Currently, EBITDA for the company is -21.12 million with net debt to EBITDA at -0.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 16.96for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.15.
Conclusion
In conclusion, Safe & Green Holdings Corp (SGBX) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.