After grabbing 10000.0 shares, the institutional investor is now in possession of 10000.0 shares of the Industrials Company. The new investment brought the stake of investor firm to 0.06% having worth around $6000.0.
Safe & Green Holdings Corp (SGBX) concluded trading on 11/16/23 at a closing price of $0.73, with 39.73 million shares of worth about $29.01 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 95.05% during that period and on Thursday the price saw a gain of about 82.02%. Currently the company’s common shares owned by public are about 12.59M shares, out of which, 10.66M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the SGBX stock and their offered price forecasts bring an average price target of $2.81. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $2.81 and could fall to a lowest price of $2.81. The stock’s current price level is 74.02% above of average price target set by the analysts, while a rise to estimated low would result in gain of 74.02% for the stock. However, touching the estimated high of $2.81 would mean a gain of 74.02% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 93 times over the past 12 months. They bought 1,939,527 shares in 20 of the transactions. In 73 selling transactions, insiders dumped 315,906 shares.
Vanguard Extended Market Index Fu, Vanguard Total Stock Market ETF, and Fidelity Extended Market Index Fu are the top 3 mutual funds which are holding stakes in Safe & Green Holdings Corp Vanguard Extended Market Index Fu is currently holding 0.18 million shares of worth totaling $0.11 million. The company recently came buying 0.0 shares which brought its stake up to 1.15% of the company’s outstanding shares. Fidelity Extended Market Index Fu, after buying 78684.0 shares, have now control over 0.49% of the stake in the company. It holds 34528.0 shares of worth $47210.0.
However, the stock later moved at a day high price of 1.3500, or with a gain of 82.02%. Stock saw a price change of 74.00% in past 5 days and over the past one month there was a price change of 58.87%. Year-to-date (YTD), SGBX shares are showing a performance of 13.83% which increased to 33.28% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.32 but also hit the highest price of $1.02 during that period. The average intraday trading volume for Safe & Green Holdings Corp shares is 484.50K. The stock is currently trading 80.20% above its 20-day simple moving average (SMA20), while that difference is up 43.01% for SMA50 and it goes to 49.22% higher than SMA200.
Schonfeld Strategic Advisors LLC acquired 10000.0 shares of Safe & Green Holdings Corp having value of about $6000.0. Safe & Green Holdings Corp (NASDAQ: SGBX) currently have 12.59M outstanding shares and institutions hold larger chunk of about 4.58% of that. Holding of mutual funds in the company is about 2.67% while other institutional holders and individual stake holders have control over 37.25% and 2.60% of the stake respectively.
The stock has a current market capitalization of $12.12M and its 3Y-monthly beta is at -2.60. It has posted earnings per share of -$1.15 in the same period. It has Quick Ratio of 0.43 while making debt-to-equity ratio of 2.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SGBX, volatility over the week remained 64.62% while standing at 26.25% over the month.
Analysts are in expectations that Safe & Green Holdings Corp (SGBX) stock would likely to be making an EPS of -$0.37 in the current quarter, while forecast for next quarter EPS is -$0.29 and it is -$1.33 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.37 which is -$0.37 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.24 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -118.64% while it is estimated to decrease by -3.10% in next year.
Analysts at 1 brokerage firms have issued recommendations for the Safe & Green Holdings Corp (SGBX)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
