Safe & Green Holdings Corp (NASDAQ:SGBX) does about 3.40M shares in volume on a normal day but saw 3259204 shares change hands in the recent trading day. The company now has a market cap of 2.37M USD. Its current market price is $0.54, marking a decrease of -7.42% compared to the previous close of $0.58. The 52 week high reached by this stock is $9.90 whilst the lowest price level in 52 weeks is $0.38.
Safe & Green Holdings Corp (SGBX) has a 20-day trading average at $0.4927 and the current price is -94.55% off the 52-week high compared with 43.96% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5649 and its 200-day simple moving average is $1.9007. If we look at the stock’s price movements over the week, volatility stands at 19.29%, which decreases to 15.20% 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 50.01 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 99.04% over the period.
The current price level is 9.61%, -4.42%, and -71.59% 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 down -9.85% over the week and 10.20% over the past month. Its price is 12.50% year-to-date and -94.30% over the past year.
To reach the target analysts have set, the stock logically needs to grow 99.04 percent from here.
Outstanding shares total 4.39M with insiders holding 24.13% of the shares and institutional holders owning 5.95% of the company’s common stock. The company has a return on equity of -8080.39%. The beta has a value of -2.78. Price to sales ratio is 0.40.
