Safe & Green Holdings Corp (NASDAQ: SGBX) Could Soon Experience A Sharp Increase In Its Share Price.

In the last trading session, 5.63 million shares of the Safe & Green Holdings Corp (NASDAQ:SGBX) were traded, and its beta was -2.77. Most recently the company’s share price was $0.90, and it changed around $0.0 or 0.10% from the last close, which brings the market valuation of the company to $3.96M. SGBX currently trades at a discount to its 52-week high of $9.80, offering almost -988.89% off that amount. The share price’s 52-week low was $0.38, which indicates that the current value has risen by an impressive 57.78% since then. We note from Safe & Green Holdings Corp’s average daily trading volume that its 10-day average is 22.79 million shares, with the 3-month average coming to 6.79 million.

Safe & Green Holdings Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SGBX as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Safe & Green Holdings Corp is expected to report earnings per share of 0 for the current quarter.

Safe & Green Holdings Corp (NASDAQ:SGBX) trade information

Instantly SGBX has showed a green trend with a performance of 0.10% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9200 on recent trading dayincreased the stock’s daily price by 53.12%. The company’s shares are currently up 87.67% year-to-date, but still up 55.28% over the last five days. On the other hand, Safe & Green Holdings Corp (NASDAQ:SGBX) is 118.16% up in the 30-day period. We can see from the shorts that 0.1 million shares have been sold at a short interest cover period of 0.03 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 40.46%.

SGBX Dividends

Safe & Green Holdings Corp’s next quarterly earnings report is expected to be released in February.

Safe & Green Holdings Corp (NASDAQ:SGBX)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 24.13% of Safe & Green Holdings Corp shares, and 5.95% of them are in the hands of institutional investors. The stock currently has a share float of 7.84%.

Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 9.78 shares worth $8808.0, making up 0.22% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 8.23 shares worth around $7415.0, which represents about 0.19% of the total shares outstanding.