Safe & Green Holdings Corp (NASDAQ: SGBX) is -95.95% lower on its value in year-to-date trading and has touched a low of $0.40 and a high of $14.40 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 $0.41 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.38, the stock is -41.53% and -57.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -5.99% at the moment leaves the stock -85.48% off its SMA200. SGBX registered -96.99% loss for a year compared to 6-month loss of -90.70%. The firm has a 50-day simple moving average (SMA 50) of $0.90746 and a 200-day simple moving average (SMA200) of $2.6579.
The stock witnessed a -64.37% gain in the last 1 month and extending the period to 3 months gives it a -66.27%, and is -25.55% 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 13.55% over the week and 19.21% over the month.
Safe & Green Holdings Corp (SGBX) has around 14 employees, a market worth around $0.86M and $8.19M in sales. Profit margin for the company is -314.11%. Distance from 52-week low is -4.75% and -97.35% from its 52-week high.
Safe & Green Holdings Corp quarterly earnings per share for the current quarter are estimated at 0.
6.0 institutions hold shares in Safe & Green Holdings Corp (SGBX), with institutional investors hold 7.84% of the company’s shares. The shares outstanding are 2.25M, and float is at 1.70M with Short Float at 6.12%. Institutions hold 5.95% of the Float.
