Safe & Green Holdings Corp (NASDAQ:SGBX) does about 3.17M shares in volume on a normal day but saw 3410402 shares change hands in the recent trading day. The company now has a market cap of 2.79M USD. Its current market price is $0.58, marking an increase of 10.24% compared to the previous close of $0.52. The 52 week high reached by this stock is $10.40 whilst the lowest price level in 52 weeks is $0.38.
Safe & Green Holdings Corp (SGBX) has a 20-day trading average at $0.4723 and the current price is -94.45% off the 52-week high compared with 53.83% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6320 and its 200-day simple moving average is $2.0090. If we look at the stock’s price movements over the week, volatility stands at 16.34%, which decreases to 13.81% 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 56.24 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 98.97% over the period.
The current price level is 22.16%, -8.71%, and -71.28% away from its SMA20, SMA50, and SMA200 respectively, with the SGBX price moving above the 50-day SMA on current market day. Safe & Green Holdings Corp (SGBX) stock is up 26.18% over the week and 8.15% over the past month. Its price is 20.21% year-to-date and -93.85% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 98.97 percent from here.
The company has a return on equity of -8080.39%. The beta has a value of -2.76. Price to sales ratio is 0.47.
