Safe & Green Holdings Corp. (NASDAQ:SGBX – Get Rating)’s share price traded down 4.4% during trading on Friday . The company traded as low as $0.93 and last traded at $0.95. 79,511 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 588,357 shares. The stock had previously closed at $0.99.
Safe & Green Stock Performance
The company has a quick ratio of 1.42, a current ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average of $1.08 and a 200 day moving average of $1.36. The company has a market capitalization of $13.59 million, a price-to-earnings ratio of -1.61 and a beta of -3.02.
Institutional Investors Weigh In On Safe & Green
A hedge fund recently bought a new stake in Safe & Green stock. Jane Street Group LLC purchased a new stake in shares of Safe & Green Holdings Corp. (NASDAQ:SGBX – Get Rating) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 52,406 shares of the company’s stock, valued at approximately $87,000. Jane Street Group LLC owned about 0.44% of Safe & Green at the end of the most recent reporting period. Institutional investors and hedge funds own 17.25% of the company’s stock.
About Safe & Green
Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects.
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