Safe and Green Development Corp (NASDAQ:SGD) shares traded 12.72% higher at $3.19 on Wall Street last session.
SGD stock price is now -37.28% away from the 50-day moving average and -72.26% away from the 200-day moving average. The market capitalization of the company currently stands at $3.00M.
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In other news, Brune Nicolai Ayrton, Chief Financial Officer sold 12,000 shares of the company’s stock on Sep 09 ’24. The stock was sold for $3,163 at an average price of $0.26. Upon completion of the transaction, the Chief Financial Officer now directly owns 155,472 shares in the company, valued at $0.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 10 ’24, Chief Financial Officer Brune Nicolai Ayrton sold 10,000 shares of the business’s stock. A total of $2,502 was realized by selling the stock at an average price of $0.25. This leaves the insider owning 145,472 shares of the company worth $0.46 million. A total of 43.95% of the company’s stock is owned by insiders.
During the past 12 months, Safe and Green Development Corp has had a low of $2.66 and a high of $168.40. As of last week, the company has a debt-to-equity ratio of 4.17, a current ratio of 0.10, and a quick ratio of 0.10. The fifty day moving average price for SGD is $5.0862 and a two-hundred day moving average price translates $11.50195 for the stock.
The latest earnings results from Safe and Green Development Corp (NASDAQ: SGD) was released for 2024-06-30. The net profit margin was -8202.59% and return on equity was -437.31% for SGD.
