Safe & Green (NASDAQ:SGBX) Stock Price Up 7.3% – Here’s What Happened

Posted by ABMN Staff on Feb 24th, 2026

Safe & Green Holdings Corp. (NASDAQ:SGBX – Get Free Report) shares rose 7.3% on Monday . The company traded as high as $1.56 and last traded at $1.5450. Approximately 2,814,594 shares changed hands during trading, an increase of 323% from the average daily volume of 664,972 shares. The stock had previously closed at $1.44.

Safe & Green Stock Up 7.3%

The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $9.55 million, a P/E ratio of -0.03 and a beta of 1.89. The business’s fifty day moving average price is $1.80 and its 200 day moving average price is $4.92.

Institutional Investors Weigh In On Safe & Green

A number of hedge funds have recently added to or reduced their stakes in SGBX. XTX Topco Ltd grew its stake in shares of Safe & Green by 360.3% during the second quarter. XTX Topco Ltd now owns 50,561 shares of the company’s stock valued at $33,000 after purchasing an additional 39,576 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in shares of Safe & Green during the fourth quarter worth $73,000. Jane Street Group LLC bought a new stake in shares of Safe & Green during the fourth quarter worth $70,000. Finally, Engineers Gate Manager LP bought a new stake in Safe & Green during the 4th quarter worth about $32,000. Institutional investors own 3.50% of the company’s stock.

About Safe & Green

(Get Free Report)

Safe & Green Holding Corp (NASDAQ: SGBX) is a diversified cannabis and hemp company that develops, cultivates, manufactures and retails a range of cannabinoid-based products. Through its subsidiaries, the company operates state-licensed cultivation facilities and processing centers, producing items such as dried flower, pre-rolls, concentrates, vape cartridges and hemp-derived wellness products. Its vertically integrated approach is designed to oversee every stage of the supply chain—from seed to sale—ensuring consistent quality and regulatory compliance.

Founded in 2019, Safe & Green has pursued a growth strategy centered on acquiring and operating licensed assets in U.S.