Spotting A Winner: Safe & Green Holdings Corp (NASDAQ: SGBX) Advances 10.33 And It Still Have Room To Run

Safe & Green Holdings Corp (NASDAQ:SGBX) currently has a daily average trading volume of 2.85M but it saw 7526237 shares traded in last market. With a market cap of 2.58M USD, the company’s current market price of $0.59 came rising about 10.33 while comparing to the previous closing price of $0.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.40 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.5345 while lowest mark touched by it was $0.64.

Taking a look at 20-day trading activity of Safe & Green Holdings Corp (SGBX) gives us an average price of $0.5909, while its current price level is -95.91% below from 52-week high level whereas it is 56.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8612 while that of 200 days or SMA-200 reads an average of $2.5078. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.08% during that period while stretching the period over a month that decreases to 22.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.17 which implies that the stock is in neutral territory.

Over the week, SGBX’s stock price is moving 45.15% up while it is -33.11% when we observe its performance for the past one month. Year-to-date it is -93.75% down and over the past year, the stock is showing a downside performance of -94.61%.

Currently, Safe & Green Holdings Corp’s total number of outstanding shares is 4.39M. Company’s return on equity (ROE) at -8080.39%. Stock’s beta reads -2.78. Stock has a price to sale or P/S ratio amounts to 0.43. Its return on asset (ROA) is -143.30% on average.