Signing Day Sports Inc [AMEX: SGN] jumped around 0.1 points on Wednesday, while shares priced at $1.36 at the close of the session, up 7.94%.
Compared to the average trading volume of 6.47M shares, SGN reached a trading volume of 6431001 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has SGN stock performed recently?
Signing Day Sports Inc [SGN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.72. With this latest performance, SGN shares gained by 27.10% in over the last four-week period, additionally sinking by -56.69% over the last 6 months – not to mention a drop of -48.29% 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 SGN stock in for the last two-week period is set at 45.99, with the RSI for the last a single of trading hit 0.2436, and the three-weeks RSI is set at 0.2680 for Signing Day Sports Inc [SGN]. The present Moving Average for the last 50 days of trading for this stock 1.4197, while it was recorded at 1.3400 for the last single week of trading, and 2.8952 for the last 200 days.
Signing Day Sports Inc [SGN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Signing Day Sports Inc [SGN] shares currently have an operating margin of -1201.64% and a Gross Margin at 83.58%. Signing Day Sports Inc’s Net Margin is presently recorded at -1335.97%.
Signing Day Sports Inc (SGN) Capital Structure & Debt Analysis
Signing Day Sports Inc (SGN) Efficiency & Liquidity Metrics
Signing Day Sports Inc (SGN) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Signing Day Sports Inc. (SGN) effectively leverages its workforce, generating an average of -$785555.56 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.33% and a Quick Ratio of 0.33%, indicating strong ability to cover short-term liabilities.
Insider trade positions for Signing Day Sports Inc [SGN]
There are presently around $2.62%, or 2.67%% of SGN stock, in the hands of institutional investors.
