Bright Green Corp (NASDAQ: BGXX) Has Fallen -178.26% From Its Highs, What Comes Next?

Bright Green Corp (NASDAQ:BGXX)’s traded shares stood at 0.83 million during the latest session, with the company’s beta value hitting 0.67. At the last check today, the stock’s price was $0.23, to imply an increase of 3.05% or $0.0 in intraday trading. The BGXX share’s 52-week high remains $0.64, putting it -178.26% down since that peak but still an impressive 34.78% since price per share fell to its 52-week low of $0.15. The company has a valuation of $44.52M, with an average of 1.07 million shares in intraday trading volume over the past 10 days and average of 1.64 million shares over the past 3 months.

Bright Green Corp (NASDAQ:BGXX) trade information

After registering a 3.05% upside in the latest session, Bright Green Corp (BGXX) has traded red over the past five days. The 5-day price performance for the stock is -1.69%, and -1.65% over 30 days. With these gigs, the year-to-date price performance is -29.45%. Short interest in Bright Green Corp (NASDAQ:BGXX) saw shorts transact 0.74 million shares and set a 1.29 days time to cover.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

BGXX Dividends

Bright Green Corp has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Bright Green Corp (NASDAQ:BGXX)’s Major holders

Bright Green Corp insiders hold 62.32% of total outstanding shares, with institutional holders owning 6.01% of the shares at 15.95% float percentage. In total, 6.01% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.27 million shares (or 1.213% of shares), all amounting to roughly $0.58 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 1.53 million shares, or about 0.8144% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.39 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Bright Green Corp (BGXX) shares. Going by data provided on Mar 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 1.29 shares. This is just over 0.67% of the total shares, with a market valuation of $0.31 million. Data from the same date shows that the other fund manager holds a little less at 968.48, or 0.51% of the shares, all valued at about 0.23 million.