Safe & Green Holdings Corp (NASDAQ:SGBX) price on Friday, April 11, fall -3.69% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.39.
A look at the stock’s price movement, the close in the last trading session was $0.41, moving within a range at $0.3 and $0.4148. The beta value (5-Year monthly) was -2.902. Turning to its 52-week performance, $9.30 and $0.32 were the 52-week high and 52-week low respectively. Overall, SGBX moved -23.30% over the past month.
Safe & Green Holdings Corp’s market cap currently stands at around $2.50 million, with investors looking forward to this quarter’s earnings report slated for on 2023-Nov-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SGBX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SGBX’s current price about -10.65% and -29.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.34, while 7-day volatility ratio is 20.27% and 12.06% in the 30-day chart. Further, Safe & Green Holdings Corp (SGBX) has a beta value of 1.17, and an average true range (ATR) of 0.06.
If we refocus on Safe & Green Holdings Corp (NASDAQ:SGBX), historical trading data shows that trading volumes averaged 0.29 over the past 10 days and 4.92 million over the past 3 months. The company’s latest data on shares outstanding shows there are 6.04 million shares.
The 8.29% of Safe & Green Holdings Corp’s shares are in the hands of company insiders while institutional holders own 2.97% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.09 million on 2025-03-14, giving us a short ratio of 0.7. The data shows that as of 2025-03-14 short interest in Safe & Green Holdings Corp (SGBX) stood at 1825.0 of shares outstanding, with shares short rising to 0.23 million registered in 2025-02-14. Current price change has pushed the stock -18.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SGBX stock continues to rise going into the next quarter.
