Safe & Green Holdings Corp (NASDAQ:SGBX) does about 97.02K shares in volume on a normal day but saw 23244155 shares change hands in the recent trading day. The company now has a market cap of 2.56M USD. Its current market price is $1.26, marking an increase of 20.00% compared to the previous close of $1.05. The 52 week high reached by this stock is $27.00 whilst the lowest price level in 52 weeks is $0.86.
Safe & Green Holdings Corp (SGBX) has a 20-day trading average at $1.0855 and the current price is -95.33% off the 52-week high compared with 46.49% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0614 and its 200-day simple moving average is $3.4371. If we look at the stock’s price movements over the week, volatility stands at 18.86%, which decreases to 13.43% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.77 to suggest the stock is neutral.
The consensus objective for the share price is $56.24, suggesting that the stock has a potential upside of 97.76% over the period.
The current price level is 16.08%, 18.71%, and -63.34% away from its SMA20, SMA50, and SMA200 respectively, with the SGBX price moving below the 50-day SMA on current market day. Safe & Green Holdings Corp (SGBX) stock is up 3.28% over the week and 29.91% over the past month. Its price is -86.62% year-to-date and -84.25% over the past year.
To reach the target analysts have set, the stock logically needs to grow 97.76 percent from here.
Outstanding shares total 2.03M with insiders holding 26.83% of the shares and institutional holders owning 10.42% of the company’s common stock. The company has a return on equity of -8080.39%. The beta has a value of -2.79. Price to sales ratio is 0.31.
