Shares of Safe & Green Holdings Corp. (NASDAQ:SGBX – Free Report) are set to reverse split before the market opens on Thursday, May 2nd. The 1-20 reverse split was announced on Tuesday, April 30th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, May 1st.
Safe & Green Stock Down 18.3 %
NASDAQ SGBX traded down $0.03 on Tuesday, hitting $0.12. 2,406,834 shares of the company’s stock were exchanged, compared to its average volume of 2,406,540. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.43 and a current ratio of 0.45. The firm’s 50-day moving average price is $0.22 and its two-hundred day moving average price is $0.38. Safe & Green has a fifty-two week low of $0.11 and a fifty-two week high of $2.18.
About Safe & Green
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