Safe & Green Holdings Corp [NASDAQ: SGBX] surged by $0.12 during the normal trading session on while it closed the day at $0.56.
Safe & Green Holdings Corp stock has also gained 17.97% of its value over the past 7 days. However, SGBX stock has declined by -10.57% in the 3 months of the year. Over the past six months meanwhile, it has gained 2.58% and gained 16.67% year-on date.
The market cap for SGBX stock reached $5.67 million, with 10.12 million shares outstanding and 8.11 million shares in the current float. Compared to the average trading volume of 718.51K shares, SGBX reached a trading volume of 61240555 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Safe & Green Holdings Corp [SGBX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SGBX shares is $56.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SGBX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Safe & Green Holdings Corp is set at 0.08, with the Price to Sales ratio for SGBX stock in the period of the last 12 months amounting to 1.12.
SGBX stock trade performance evaluation
Safe & Green Holdings Corp [SGBX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.97. With this latest performance, SGBX shares gained by 49.41% in over the last four-week period, additionally plugging by 2.58% over the last 6 months – not to mention a drop of -89.37% 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 60.91, with the RSI for the last a single of trading hit 64.62, and the three-weeks RSI is set at 57.55 for Safe & Green Holdings Corp [SGBX]. The present Moving Average for the last 50 days of trading for this stock 0.4367, while it was recorded at 0.4587 for the last single week of trading, and 0.7153 for the last 200 days.
Safe & Green Holdings Corp [SGBX]: An insightful look at the core fundamentals
Safe & Green Holdings Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.05 and a Current Ratio set at 0.08.
