Safe & Green (NASDAQ:SGBX) Shares Down 10%

Safe & Green Holdings Corp. (NASDAQ:SGBX) shares were down 10% during mid-day trading on Wednesday . The company traded as low as $0.15 and last traded at $0.16. Approximately 300,828 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 662,528 shares. The stock had previously closed at $0.17.

Safe & Green Stock Performance

The company has a market capitalization of $2.86 million, a P/E ratio of -0.15 and a beta of -2.60. The business has a 50-day moving average of $0.24 and a 200-day moving average of $0.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.45 and a quick ratio of 0.43.

Institutional Trading of Safe & Green

An institutional investor recently bought a new position in Safe & Green stock. Jane Street Group LLC bought a new position in Safe & Green Holdings Corp. (NASDAQ:SGBX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 52,406 shares of the company’s stock, valued at approximately $87,000. Jane Street Group LLC owned 0.44% of Safe & Green as of its most recent SEC filing. 3.50% of the stock is owned by hedge funds and other institutional investors.

Safe & Green Company Profile

Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States.The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction.