Safe and Green Development Corp’s recently made public that its Chief Financial Officer Brune Nicolai Ayrton unloaded Company’s shares for reported $3163.0 on Sep 09 ’24. In the deal valued at $0.26 per share,12,000 shares were sold. As a result of this transaction, Brune Nicolai Ayrton now holds 155,472 shares worth roughly $0.3 million.
Then, Brune Nicolai Ayrton sold 10,000 shares, generating $2,502 in total proceeds. Upon selling the shares at $0.25, the Chief Financial Officer now owns 145,472 shares.
Before that, Brune Nicolai Ayrton bought 10,000 shares. Safe and Green Development Corp shares valued at $2,421 were divested by the Officer at a price of $0.24 per share.
Price Performance Review of SGD
On Friday, Safe and Green Development Corp [NASDAQ:SGD] saw its stock fall -2.49% to $1.96. Over the last five days, the stock has lost -15.88%. Safe and Green Development Corp shares have fallen nearly -26.59% since the year began. Nevertheless, the stocks have fallen -87.11% over the past one year. While a 52-week high of $53.80 was reached on 01/06/25, a 52-week low of $1.45 was recorded on 01/16/25. SMA at 50 days reached $2.4825, while 200 days put it at $6.4970.
Levels Of Support And Resistance For SGD Stock
The 24-hour chart illustrates a support level at 1.8533, which if violated will result in even more drops to 1.7467. On the upside, there is a resistance level at 2.0633. A further resistance level may holdings at 2.1667. The Relative Strength Index (RSI) on the 14-day chart is 38.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.4242, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.71%. Stochastics %K at 11.72% indicates the stock is a buying.
How much short interest is there in Safe and Green Development Corp?
A steep rise in short interest was recorded in Safe and Green Development Corp stocks on 2024-10-31, growing by 0.15 million shares to a total of 0.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 27879.0 shares. There was a rise of 83.96%, which implies that there is a positive sentiment for the stock.
