Sweetgreen Inc (NYSE:SG) shares, rose in value on Wednesday, April 16, with the stock price down by -3.42% to the previous day’s close as strong demand from buyers drove the stock to $19.79.
Actively observing the price movement in the last trading, the stock closed the session at $20.49, falling within a range of $19.365 and $20.45. The value of beta (5-year monthly) was 2.286. Referring to stock’s 52-week performance, its high was $45.12, and the low was $18.62. On the whole, SG has fluctuated by -16.29% over the past month.
With the market capitalization of Sweetgreen Inc currently standing at about $2.32 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 765.53M, with a low estimate of 163.32M and a high estimate of 165.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 164.67M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SG currently trading nearly -15.02% and -18.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.77, while the 7-day volatility ratio is showing 7.82% which for the 30-day chart, stands at 8.20%. Furthermore, Sweetgreen Inc (SG)’s beta value is 2.33, and its average true range (ATR) is 1.97.
A comparison of Sweetgreen Inc (SG) with its peers suggests the former has fared considerably weaker in the market. SG showed an intraday change of -3.42% in last session, and over the past year, it shrunk by -6.12%%.
Data on historical trading for Sweetgreen Inc (NYSE:SG) indicates that the trading volumes over the past 10 days have averaged 4.57 and over the past 3 months, they’ve averaged 3.91 million. According to company’s latest data on outstanding shares, there are 105.20 million shares outstanding.
Nearly 17.20% of Sweetgreen Inc’s shares belong to company insiders and institutional investors own 89.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.9 million shares as on 2025-03-31, resulting in a short ratio of 4.98. According to the data, the short interest in Sweetgreen Inc (SG) stood at 2451.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 20.12 million. The stock has fallen by -38.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SG stock heading into the next quarter.
