Safe and Green Development Corp (SGD)’s stock has witnessed a price declined of -4.79% from the previous close with its current price standing at $3.53. Its current price is -97.90% under its 52-week high of $168.40 and -0.22% more than its 52-week low of $3.54.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, SGD’s SMA-200 is $11.87.
Additionally, it is important to take into account SGD stock ratios, including its price-to-sales ratio, which is 36.89 for the last tewlve months.SGD’s price to book ratio for the most recent quarter was 1.45, resulting in an 166.02 price to cash per share for the period.
How does Safe and Green Development Corp (SGD) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Safe and Green Development Corp (SGD): Earnings History
If we examine Safe and Green Development Corp’s recent earnings history, in the last quarter ended on 12/31/2023, it posted adjusted earnings per share of -$0.02, slashing the consensus of -$0.03. In other words, it beat the consensus by $0.01, resulting in a 33.30% surprise. In the 3 months period before the previous quarter which was closed on 12/31/2023, the stock recorded adjusted earnings per share of -$0.02 in contrast with the Outlook of -$0.03. That was a difference of $0.01 and a surprise of 33.30%.
Safe and Green Development Corp (NASDAQ: SGD) Ownership Details
I will give a breakdown of the key shareholders in Safe and Green Development Corp (SGD). Recent figures show that the company’s insiders hold 45.55% of shares. A total of 12 institutional investors hold shares in the company, making 1.45% of its stock and 2.66% of its float.
Jun 30, 2024 , it was reported that the Company’s largest institutional holder is Geode Capital Management, LLC holding total of 2.5 shares that make 0.01% of the company’s total number of shares and are currently priced at 8663.0.
The securities firm Vanguard Group Inc holds 2.19 shares of SGD, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.01% , and the holding percentage of shares is valued at 7584.0.
An overview of Safe and Green Development Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Safe and Green Development Corp (SGD) traded 66,321 shares per day, with a moving average of $4.97 and price change of -1.56. With the moving average of $5.20 and a price change of -2.12, about 82,683 shares changed hands on average over the past 50 days. Finally, SGD’s 100-day average volume is 79,011 shares, alongside a moving average of $6.84 and a price change of -8.00.
