Safe and Green Development Corp [NASDAQ: SGD] stock went on a downward path that fall over -57.30% on Tuesday, amounting to a one-week price decrease of less than -72.68%.
Over the last 12 months, SGD stock dropped by -88.08%.
The market cap for the stock reached $2.69 million, with 4.88 million shares outstanding and 2.53 million shares in the current float. Compared to the average trading volume of 529.50K shares, SGD stock reached a trading volume of 16243489 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Safe and Green Development Corp [SGD]:
The Price to Book ratio for the last quarter was 0.81, with the Price to Cash per share for the same quarter was set at 0.03.
SGD Stock Performance Analysis:
Safe and Green Development Corp [SGD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -72.68. With this latest performance, SGD shares dropped by -68.04% in over the last four-week period, additionally sinking by -69.98% over the last 6 months – not to mention a drop of -88.08% 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 SGD stock in for the last two-week period is set at 22.69, with the RSI for the last a single of trading hit 0.1806, and the three-weeks RSI is set at 0.1555 for Safe and Green Development Corp [SGD]. The present Moving Average for the last 50 days of trading for this stock 1.0755, while it was recorded at 0.8114 for the last single week of trading, and 1.1077 for the last 200 days.
Insight into Safe and Green Development Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Safe and Green Development Corp [SGD] shares currently have an operating margin of -207.09% and a Gross Margin at -27.75%. Safe and Green Development Corp’s Net Margin is presently recorded at -277.31%.
Safe and Green Development Corp (SGD) Capital Structure & Debt Analysis
According to recent financial data for Safe and Green Development Corp. ( SGD), the Return on Equity (ROE) stands at -1127.05%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -53.62%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Safe and Green Development Corp’s Return on Invested Capital (ROIC) is -244.55%, showcasing its effectiveness in deploying capital for earnings.
Safe and Green Development Corp (SGD) Efficiency & Liquidity Metrics
Based on Safe and Green Development Corp’s (SGD) latest financial statements, the Debt-to-Equity Ratio is 14.27%, indicating its reliance on debt financing relative to shareholder equity.
Safe and Green Development Corp (SGD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Safe and Green Development Corp. (SGD) effectively leverages its workforce, generating an average of -$2296666.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.10% and a Quick Ratio of 0.07%, indicating strong ability to cover short-term liabilities.
Safe and Green Development Corp [SGD] Institutonal Ownership Details
There are presently around $4.33%, or 7.57%% of SGD stock, in the hands of institutional investors.
