Safe & Green (NASDAQ:SGBX) Trading Down 7.6%

Safe & Green Holdings Corp. (NASDAQ:SGBXGet Free Report) dropped 7.6% on Tuesday . The stock traded as low as $4.61 and last traded at $4.87. Approximately 158,461 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 1,347,275 shares. The stock had previously closed at $5.27.

Safe & Green Price Performance

The business’s fifty day simple moving average is $3.84 and its 200 day simple moving average is $7.03. The company has a current ratio of 0.27, a quick ratio of 0.25 and a debt-to-equity ratio of 0.39.

About Safe & Green

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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.

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