In the latest trading session, 6.8 million Bright Green Corp (NASDAQ:BGXX) shares changed hands as the company’s beta touched 0.67. With the company’s most recent per share price at $0.22 changed hands at -$0.02 or -7.82% at last look, the market valuation stands at $42.39M. BGXX’s current price is a discount, trading about -209.09% off its 52-week high of $0.68. The share price had its 52-week low at $0.15, which suggests the last value was 31.82% up since then. When we look at Bright Green Corp’s average trading volume, we note the 10-day average is 0.42 million shares, with the 3-month average coming to 1.53 million.
Analysts gave the Bright Green Corp (BGXX) stock a consensus recommendation rating of Buy. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BGXX as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
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Bright Green Corp (NASDAQ:BGXX) trade information
Instantly BGXX was in red as seen in intraday trades today. With action -6.85%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.48%, with the 5-day performance at -6.85% in the red. However, in the 30-day time frame, Bright Green Corp (NASDAQ:BGXX) is -6.34% down. Looking at the short shares, we see there were 0.74 million shares sold at short interest cover period of 1.29 days.
BGXX Dividends
Bright Green Corp is expected to release its next quarterly earnings report in September.
Bright Green Corp (NASDAQ:BGXX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 62.32% of Bright Green Corp shares while 6.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 15.96%. There are 6.01% institutions holding the Bright Green Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 1.213% of the shares, roughly 2.27 million BGXX shares worth $0.58 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 0.8144% or 1.53 million shares worth $0.39 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 1.29 shares estimated at $0.29 million under it, the former controlled 0.68% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.51% of the shares, roughly 968.48 shares worth around $0.22 million.
