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

Safe & Green Holdings Corp. (NASDAQ:SGBX)’s share price traded up 7.3% during trading on Monday . The company traded as high as $1.56 and last traded at $1.5450. 2,814,594 shares traded hands during mid-day trading, an increase of 323% from the average session volume of 664,972 shares. The stock had previously closed at $1.44.

Safe & Green Trading Up 7.3%

The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 0.24. The firm has a market cap of $9.55 million, a price-to-earnings ratio of -0.03 and a beta of 1.89. The company has a 50-day moving average price of $1.80 and a 200 day moving average price of $4.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SGBX. Engineers Gate Manager LP acquired a new stake in shares of Safe & Green in the 4th quarter valued at $32,000. XTX Topco Ltd grew its position in shares of Safe & Green by 360.3% in 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. Jane Street Group LLC bought a new position in shares of Safe & Green in the fourth quarter worth about $70,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Safe & Green during the 4th quarter valued at approximately $73,000. Institutional investors own 3.50% of the company’s stock.

Safe & Green Company Profile

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.