SGBX Stock Summary and Trading Ideas (Safe & Green Holdings Corp. | NASDAQ:SGBX)

Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment which designs and constructs modular structures built in their factories using raw materials that are Made-in-America.

Safe & Green Holdings Corp. trades on the NASDAQ stock market under the symbol SGBX.

As of April 19, 2024, SGBX stock price was flat at $0.16 with 133,232 million shares trading.

SGBX has a beta of 2.88, meaning it tends to be more sensitive to market movements. SGBX has a correlation of 0.07 to the broad based SPY ETF.

SGBX has a market cap of $2.84 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SGBX stock traded as high as $5.63 and as low as $.14.

The top ETF exchange traded funds that SGBX belongs to (by Net Assets): VXF.

SGBX has underperformed the market in the last year with a price return of -83.4% while the SPY ETF gained +21.2%. SGBX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -60.3% and -10.1%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

SGBX support price is $.14 and resistance is $.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SGBX stock will trade within this expected range on the day.