Signing Day Sports Inc (AMEX: SGN) is -85.11% lower on its value in year-to-date trading and has touched a low of $0.11 and a high of $5.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SGN stock was last observed hovering at around $0.20 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.17, the stock is -25.46% and -21.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -15.81% at the moment leaves the stock -48.98% off its SMA200. SGN registered a loss of -46.50% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $0.21564 and a 200-day simple moving average (SMA200) of $0.332645.
The stock witnessed a -36.49% gain in the last 1 month and extending the period to 3 months gives it a -17.50%, and is -14.13% down 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 12.34% over the week and 10.41% over the month.
Signing Day Sports Inc (SGN) has around 14 employees, a market worth around $3.05M and $0.58M in sales. Profit margin for the company is -1306.99%. Distance from 52-week low is 49.20% and -96.69% from its 52-week high.
The shares outstanding are 13.25M, and float is at 9.93M with Short Float at 1.68%.
Signing Day Sports Inc (SGN) Insider Activity
The most recent transaction is an insider purchase by Dorsey John Joseph, the company’s 10% Owner. SEC filings show that Dorsey John Joseph bought 20,000 shares of the company’s common stock on Nov 16 ’23 at a price of $5.00 per share for a total of $100000.0. Following the purchase, the insider now owns 60000.0 shares.
Signing Day Sports Inc disclosed in a document filed with the SEC on Nov 16 ’23 that Kim Glen (Director) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 16 ’23 and was made at $5.00 per share for $100000.0. Following the transaction, the insider now directly holds 0.75 million shares of the SGN stock.
Still, SEC filings show that on Nov 16 ’23, Nelson Daniel D (CEO and Chairman) acquired 20,000 shares at an average price of $5.00 for $100000.0. The insider now directly holds 20,000 shares of Signing Day Sports Inc (SGN).
