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How to Buy Safe & Green Development Stock

Safe & Green Development Corp

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or multifamily projects. The company was formerly known as SGB Development Corp.

Safe & Green Development stock last closed at $0.85, up 36.77% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Real Estate Services industry by N/A percentage points. Safe & Green Development stock is currently +121.99% from its 52-week low of $0.38, and -89.93% from its 52-week high of $8.42.

At the moment, there are 14.35M SGD shares outstanding. The market cap of SGD is $12.17M. In the last 24 hours, 100.6M SGD shares were traded.

How to Buy Safe & Green Development Stock

Not sure how to invest in Safe & Green Development stock? Here's how.
  1. Choose where to buy Safe & Green Development stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Safe & Green Development stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your method of payment and add your information.
  4. Evaluate Safe & Green Development stock: The Safe & Green Development ticker symbol is SGD. Is Safe & Green Development stock a good investment? Should you buy shares of SGD? How do SGD's underlying business fundamentals look? Do top analysts think Safe & Green Development is a good buy? Why has SGD's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SGD is a good stock to buy).
  5. Make your SGD buy order: Decide if you will purchase SGD shares at the current market price or use a limit order to purchase SGD stock at a given price.
  6. Keep an eye on your SGD position: Create a watchlist to important notifications about your investment in Safe & Green Development stock.

Step 1: Choose where to buy Safe & Green Development stock

You will need a brokerage account in order to access the NASDAQ market and buy SGD stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in SGD today.

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  2. Provide your personal details to create a new trading account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you have created your account on stock apps to use, your next step is to transfer the money for your investment:

Watch the video below for more details depositing money into your investment account.

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Step 4: Evaluate Safe & Green Development stock

After you have identified the best place to buy Safe & Green Development stock, it's critical to evaluate their stock before you buy, so you can understand the risk and opportunity.

Safe & Green Development Metrics

SGD Price
$0.85
1w %
28.48%
1y %
N/A
5y %
N/A
P/E
-0.59x
P/B
6.45x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$4.20M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$12.17M
Next Earnings
N/A
Next Dividend
N/A

SGD Fundamentals

WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on SGD's stock page.

Is SGD stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge SGD's intrinsic value.

Using relative valuations metrics:

  • SGD may be overvalued based on its P/B ratio of 6.45x, relative to Real Estate Services industry P/B ratio of 2.61x

You can access more valuation research on SGD's stock here.

SGD Financial Health Overview

Pros:

  • There are more short-term assets than long-term liabilities on the SGD balance sheet.

Cons:

  • SGD has a relatively high debt to equity ratio of 4.06.
  • SGD has $3.24k in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.58M.
  • SGD has cash burn of 4584015. It does not have enough cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the SGD balance sheet.

Metrics for Advanced SGD Traders

SMA10
0.6
SMA20
0.63
SMA50
0.76
SMA100
0.92
SMA200
N/A
MACD
-0.04
MACD Signal
-0.05
MACD Histogram
0.02
RSI
59.79
Stochastic %K
44.1
Stochastic %D
23.33
StochRSI %K
66.67
StochRSI %D
44.49

What are SGD insiders up to?

Over the past 12 months, executives and large shareholders at SGD have sold more shares than they have bought.

Nicolai Ayrton Brune, Chief Financial Officer of SGD, was the latest SGD insider to sell. They sold $13,639.92 worth of SGD shares on Feb 22, 2024.

Research more about who owns SGD shares here.

Does SGD stock generate passive income?

No, Safe & Green Development doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your SGD buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you require more info about investing in stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your SGD position

Now that you own some SGD stock, you'll want to stay up-to-date on your shares.

Make a watchlist to see the latest developments about your SGD stock.

SGD Feed

How to Buy Stock in Safe & Green Development

To reiterate, here are the 6 steps for buying Safe & Green Development stock:

  1. Choose where to buy Safe & Green Development stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Evaluate Safe & Green Development stock
  5. Make your SGD buy order
  6. Keep an eye on your SGD position

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Safe & Green Development, create a watchlist today.

NASDAQ: SGD
$0.85+0.23 (+36.77%)
Updated May 9, 2024
Open eToro Account
NASDAQ: SGD
$0.85+0.23 (+36.77%)
Updated May 9, 2024
Open eToro Account

FAQ

How much does it cost to buy one Safe & Green Development share?

As of May 9, 2024, it costs $0.85 to buy one share of Safe & Green Development stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.42, you can buy 0.5 shares of SGD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Safe & Green Development stock?

One way to place an order for Safe & Green Development stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.