(SGD) Safe Green Development - Ratings and Ratios

Safe and Green Development Corporation is a real estate development company that focuses on creating green single and multi-family projects through direct property acquisition and indirect investment. The company operates through two main segments: Real Estate Development and Technology. With its base in Miami, Florida, and incorporation in 2021, the company has undergone a name change from SGB Development Corp to its current name in December 2022, indicating a potential shift or emphasis in its business strategy. As a subsidiary of Safe & Green Holdings Corp., it is part of a larger corporate structure that may leverage synergies across its holdings.

Analyzing the companys recent performance and market data, its evident that Safe and Green Development Corporation has experienced significant volatility. The stocks last price was $0.90, slightly above its 20-day Simple Moving Average (SMA) of $0.89, but below its 50-day SMA of $1.11 and far below its 200-day SMA of $2.53. This indicates a downward trend over the longer term. The Average True Range (ATR) of $0.12, representing 13.00% of the last price, suggests moderate volatility. The stock has seen a substantial range in the past 52 weeks, from a high of $11.43 to a low of $0.75, indicating a highly speculative or risky investment.

From a fundamental analysis perspective, Safe and Green Development Corporation has a market capitalization of $1.75 million USD, categorizing it as a micro-cap stock. The absence of a Price-to-Earnings (P/E) ratio, both current and forward, is due to the companys negative earnings. The Return on Equity (RoE) stands at -612.52%, highlighting significant negative profitability relative to its equity. This data suggests the company is not currently profitable and may be in a challenging financial position.

Forecasting the future performance of SGD involves analyzing both its technical and fundamental data. Given the downward trend indicated by the SMAs and the negative fundamental data, a cautious outlook is warranted. However, the stocks low price and the potential for a turnaround in its business, especially if it successfully leverages its focus on green development and technology, could present an opportunity for investors willing to take on high risk. If the company can achieve profitability and improve its RoE, we might see a stabilization or even an increase in its stock price. Conversely, continued negative earnings and a failure to turn around its business could lead to further decline. Based on current data, a potential target for SGD could be a range between $1.00 to $1.50 if it can stabilize above its 20-day SMA and show signs of positive fundamental change. However, this forecast is highly speculative and subject to significant risk.