Streetbeat News

SGBX

Safe & Green Holdings Corp.

Industry

Manufacturing - Metal Fabrication

Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction. It serves architects, landowners, builders, and developers. The company was formerly known as SG Blocks, Inc and changes its name to Safe & Green Holdings Corp. in December 2022. The company was founded in 2007 and is headquartered in Miami, Florida.

Open

0.76

Mkt cap

1.6M

Volume

750K

High

0.78

P/E Ratio

-0.02

52-wk high

27.00

Low

0.69

Div yield

N/A

52-wk low

0.69

The article reports on the movement of industrial stocks during Friday's intraday session, highlighting significant gainers and losers. Notable gainers include Orion Group Holdings, Recruiter.Com Group, Safe & Green Holdings, Shengfeng Development, NuScale Power, and ZIM Integrated Shipping, with increases ranging from 9.54% to 12.8%. On the losing side, Greenwave Tech Solutions, Flux Power Holdings, Pineapple Energy, Falcons Beyond Global, Ryde Group, and Mega Matrix saw declines between 16.12% and 36.2%. Earnings reports for NuScale Power, Flux Power Holdings, Pineapple Energy, and Mega Matrix were mentioned as recent events.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 4:31 pm

In Thursday's intraday session, notable movements were observed in the industrials stocks sector. Blue Bird, Greenwave Tech Solns, Ryde Group, Falcons Beyond Global, Lichen China, and Plug Power experienced significant gains, attributed to recent earnings reports for some. Conversely, Forward Air, Alta Equipment Group, BGSF, Energy Vault Holdings, Paycor HCM, and Safe & Green Holdings saw notable declines, largely due to their latest earnings reports.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 4:31 pm

Safe & Green Holdings (NYSE:SGBX) has seen a significant increase in short interest, with the short percent of float rising 1136.47% to 40.68%. This indicates a bearish market sentiment towards SGBX, although it's not a definitive predictor of stock price movement. The company's short interest is notably higher than its peer group average of 2.95%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:15 pm

In Tuesday's pre-market session, industrials stocks saw significant movements. Mueller Water Products and Symbotic reported Q2 earnings, leading to a 14.8% and 12.42% increase in their stocks, respectively. Other gainers included Exela Technologies, iSun, Nauticus Robotics, and Lichen China. Conversely, Safe & Green Holdings, Rockwell Automation, Quhuo, Nxu, Sun Country Airlines, and FTAI Infrastructure experienced declines, with Rockwell Automation and FTAI Infrastructure reporting their Q2 and Q1 earnings, respectively.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 12:06 pm

Safe & Green Holdings Corp (NASDAQ:SGBX) shares fell 25% to $4.15 after announcing a $4 million private placement priced at-the-market. The deal includes 1,379,310 shares of common stock and warrants for up to 2,758,620 shares at $2.90 per share, with warrants exercisable at $2.65. The offering, closing around May 7, aims to raise funds for general corporate purposes and potentially repaying debt.

Portfolio Pulse from Henry Khederian

May 06, 2024 | 1:26 pm

Safe & Green's stock price has declined following the announcement of a $4 million private placement priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:47 pm

Safe & Green Holdings Corp. (NASDAQ:SGBX) announced a $4M private placement at $2.90 per share, including warrants exercisable at $2.65. The offering, managed by A.G.P./Alliance Global Partners, aims for general corporate purposes and potential debt repayment. Closing is expected around May 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:16 pm

Safe & Green Holdings (SGBX) has entered into a securities purchase agreement with an institutional investor for the sale of 1,379,310 shares of common stock and warrants at a combined offering price of $2.90 per share in a private placement.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:07 pm

U.S. stocks saw significant gains with the S&P 500 rising over 1%, led by a strong performance in the information technology sector. Hershey Company reported better-than-expected earnings, boosting its stock. Meanwhile, Safe & Green Holdings, Upland Software, and Tandem Diabetes Care saw substantial increases in their share prices following positive financial results. Conversely, AEON Biopharma, Sprout Social, and Owens & Minor experienced sharp declines due to disappointing financial outcomes or trial results.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 6:30 pm

Nasdaq surged 2% with Apple posting upbeat Q2 results, announcing a $110-billion stock buyback and a dividend increase. Information technology shares led gains, while energy shares fell. Safe & Green Holdings, Upland Software, and Tandem Diabetes Care saw significant stock increases after positive financial results. Conversely, AEON Biopharma, Sprout Social, and Owens & Minor experienced substantial declines following disappointing outcomes.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 4:49 pm

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