Sweetgreen Inc (NYSE: SG) is 96.90% higher on its value in year-to-date trading and has touched a low of $7.25 and a high of $26.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SG stock was last observed hovering at around $20.32 in the last trading session, with the day’s gains setting it 1.93%.
Currently trading at $22.25, the stock is -4.45% and 15.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.61 million and changing 9.50% at the moment leaves the stock 61.69% off its SMA200. SG registered 202.72% gain for a year compared to 6-month gain of 103.75%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -11.32% loss in the last 1 month and extending the period to 3 months gives it a 117.07%, and is 5.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.70% over the week and 5.76% over the month.
Sweetgreen Inc (SG) has around 6186 employees, a market worth around $2.51B and $584.04M in sales. Profit margin for the company is -19.41%. Distance from 52-week low is 206.90% and -15.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.04%).
The EPS is expected to grow by 45.64% this year.
Sweetgreen Inc (SG) Top Institutional Holders
The shares outstanding are 99.70M, and float is at 96.33M with Short Float at 10.86%.
Sweetgreen Inc (SG) Insider Activity
The most recent transaction is an insider sale by Reback Mitch,the company’sCHIEF FINANCIAL OFFICER. SEC filings show that Reback Mitch sold 29,475 shares of the company’s common stock on Mar 12 ’24 at a price of $21.01 per share for a total of $0.62 million. Following the sale, the insider now owns 0.41 million shares.
Sweetgreen Inc disclosed in a document filed with the SEC on Mar 01 ’24 that Neman Jonathan (CHIEF EXECUTIVE OFFICER) sold a total of 58,067 shares of the company’s common stock. The trade occurred on Mar 01 ’24 and was made at $16.36 per share for $0.95 million. Following the transaction, the insider now directly holds 0.0 shares of the SG stock.
Still, SEC filings show that on Mar 01 ’24, Gemperle Adrienne (CHIEF PEOPLE OFFICER) disposed off 4,000 shares at an average price of $16.00 for $64000.0. The insider now directly holds 129,407 shares of Sweetgreen Inc (SG).
