Safe & Green Holdings Corp (SGBX)’s stock has witnessed a price declined of -12.04% from the previous close with its current price standing at $0.62. Its current price is -93.72% under its 52-week high of $9.80 and 64.14% more than its 52-week low of $0.38. Based on the past 30-day period, the stock price is -66.15% below the high and +38.89% above the low.
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, SGBX’s SMA-200 is $1.7427.
Additionally, it is important to take into account SGBX stock ratios, including its price-to-sales ratio, which is 0.45 for the last tewlve months.
How does Safe & Green Holdings Corp (SGBX) 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 & Green Holdings Corp (NASDAQ: SGBX) Ownership Details
I will give a breakdown of the key shareholders in Safe & Green Holdings Corp (SGBX). Recent figures show that the company’s insiders hold 24.13% of shares. A total of 6 institutional investors hold shares in the company, making 5.95% of its stock and 7.84% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Armistice Capital, LLC holding total of 61.0 shares that make 1.39% of the company’s total number of shares and are currently priced at 37826.0.
The securities firm Susquehanna International Group, LLP holds 59.09 shares of SGBX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.35%, and the holding percentage of shares is valued at 36639.0.
An overview of Safe & Green Holdings 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 & Green Holdings Corp (SGBX) traded 11,858,058 shares per day, with a moving average of $0.7476 and price change of +0.1700. With the moving average of $0.5893 and a price change of +0.0438, about 7,136,645 shares changed hands on average over the past 50 days. Finally, SGBX’s 100-day average volume is 4,366,702 shares, alongside a moving average of $0.7827 and a price change of -0.2510.
