SG Blocks Inc. [NASDAQ: SGBX] loss -1.38% on the last trading session, reaching $2.15 price per share at the time. The company report on August 13, 2020 that SG Blocks Reports Second Quarter 2020 Financial Results.
Management to Host Conference Call Today at 4:30 p.m. ET.
SG Blocks, Inc. (Nasdaq: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, reported its financial results for the second quarter ended June 30, 2020.
SG Blocks Inc. represents 8.60 million in outstanding shares, while the company has a total market value of $19.03 million with the latest information. SGBX stock price has been found in the range of $2.04 to $2.435.
If compared to the average trading volume of 1.27M shares, SGBX reached a trading volume of 1496279 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SG Blocks Inc. [SGBX]:
The Average True Range (ATR) for SG Blocks Inc. is set at 0.20, with the Price to Sales ratio for SGBX stock in the period of the last 12 months amounting to 14.64. The Price to Book ratio for the last quarter was 0.57, with the Price to Cash per share for the same quarter was set at 1.82.
Trading performance analysis for SGBX stock
SG Blocks Inc. [SGBX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.42. With this latest performance, SGBX shares dropped by -23.76% in over the last four-week period, additionally sinking by -10.42% over the last 6 months – not to mention a drop of -82.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SGBX stock in for the last two-week period is set at 26.76, with the RSI for the last a single of trading hit 17.03, and the three-weeks RSI is set at 34.29 for SG Blocks Inc. [SGBX]. The present Moving Average for the last 50 days of trading for this stock 2.72, while it was recorded at 2.25 for the last single week of trading, and 3.30 for the last 200 days.
SG Blocks Inc. [SGBX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and SG Blocks Inc. [SGBX] shares currently have an operating margin of -125.44 and a Gross Margin at -57.47. SG Blocks Inc.’s Net Margin is presently recorded at -231.86.
Return on Total Capital for SGBX is now -65.45, given the latest momentum, and Return on Invested Capital for the company is -120.99. Return on Equity for this stock declined to -120.99, with Return on Assets sitting at -78.31.
Reflecting on the efficiency of the workforce at the company, SG Blocks Inc. [SGBX] managed to generate an average of -$988,649 per employee. Receivables Turnover for the company is 1.86 with a Total Asset Turnover recorded at a value of 0.34.SG Blocks Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.90 and a Current Ratio set at 8.90.
SG Blocks Inc. [SGBX]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, SG Blocks Inc. posted -4.6/share EPS, while the average EPS was predicted by analysts to be reported at -1.8/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -155.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SGBX.
An analysis of insider ownership at SG Blocks Inc. [SGBX]
There are presently around $1 million, or 15.10% of SGBX stock, in the hands of institutional investors. The top three institutional holders of SGBX stocks are: ZEKE CAPITAL ADVISORS, LLC with ownership of 199,600, which is approximately New of the company’s market cap and around 2.30% of the total institutional ownership; SCHONFELD STRATEGIC ADVISORS LLC, holding 69,700 shares of the stock with an approximate value of $0.15 million in SGBX stocks shares; and K.J. HARRISON & PARTNERS INC, currently with $0.11 million in SGBX stock with ownership of nearly New of the company’s market capitalization.
Positions in SG Blocks Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 13 institutional holders increased their position in SG Blocks Inc. [NASDAQ:SGBX] by around 438,001 shares. Additionally, 1 investors decreased positions by around 197 shares, while 2 investors held positions by with 17,539 shares. The mentioned changes placed institutional holdings at 455,737 shares, according to the latest SEC report filing. SGBX stock had 10 new institutional investments in for a total of 376,566 shares, while 1 institutional investors sold positions of 197 shares during the same period.