Safe & Green Holdings Corp (SGBX) Stock Trading Recap
On Tuesday, Safe & Green Holdings Corp (SGBX) stock saw a decline, ending the day at $0.53 which represents a decrease of $-0.15 or -22.06% from the prior close of $0.68. The stock opened at $0.53 and touched a low of $0.46 during the day, reaching a high of $0.56. The volume of shares traded was 4.32 million exceeding the average volume of 2.79 million.
SGBX Stock Performance and Moving Averages
In recent trading, Safe & Green Holdings Corp (SGBX) stock price has shown some volatility, fluctuating 9.89% over the last five trades and -34.78% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -84.03%, and it has plunged by -53.61% in the previous three months. Currently, SGBX is trading at -11.82%, -38.57%, and -78.95% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
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As of the latest trading close, SGBX, a Industrials sector stock, is trading -96.30% below its 52-week high but remains 42.23% above its 52-week low. The Average True Range (ATR) (14 days) of 0.15 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Safe & Green Holdings Corp’s Profitability and Valuation Ratios
Safe & Green Holdings Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of -267.79% and a profit margin of -432.09%, with a gross margin of -84.03%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Safe & Green Holdings Corp’s market capitalization stands at $2.34 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.39, reflecting the market’s valuation of the company’s sales.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 24.67% of Safe & Green Holdings Corp (SGBX)’s shares, while financial institutions hold 3.05%.
