Safe & Green Holdings Corp (NASDAQ: SGBX) is -91.73% lower on its value in year-to-date trading and has touched a low of $0.77 and a high of $27.00 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 SGBX stock was last observed hovering at around $0.85 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $0.78, the stock is -27.63% and -24.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -8.08% at the moment leaves the stock -74.77% off its SMA200. SGBX registered -91.34% loss for a year compared to 6-month loss of -82.95%. The firm has a 50-day simple moving average (SMA 50) of $1.03586 and a 200-day simple moving average (SMA200) of $3.12499.
The stock witnessed a -16.24% gain in the last 1 month and extending the period to 3 months gives it a -22.10%, and is -17.14% 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 32.78% over the week and 20.35% over the month.
Safe & Green Holdings Corp (SGBX) has around 14 employees, a market worth around $1.76M and $8.19M in sales. Profit margin for the company is -314.11%. Distance from 52-week low is 1.00% and -97.11% from its 52-week high.
8.0 institutions hold shares in Safe & Green Holdings Corp (SGBX), with institutional investors hold 12.35% of the company’s shares. The shares outstanding are 2.03M, and float is at 1.53M with Short Float at 5.40%. Institutions hold 9.37% of the Float.
