The present stock price for Sweetgreen Inc (SG) is $9.74. In the last trading session, the stock made a considerable jump, reaching $21.0 after an opening price of $9.74. The stock briefly fell to $10.0 before ending the session at $12.66.
The market performance of Sweetgreen Inc’s stock has been turbulent in recent times.
52-week price history of SG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Sweetgreen Inc’s current trading price is -78.41% away from its 52-week high, while its distance from the 52-week low is -17.74%. The stock’s price range during this period has spanned from $11.84 to $45.12. In the Consumer Cyclical sector, the Sweetgreen Inc’s shares surpassed a trading volume of approximately 34.76 million for the day, which was noticeably higher compared to the average daily volume of 9.5.56 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Sweetgreen Inc (SG) has experienced a quarterly decline of -46.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.15B and boasts a workforce of 6407 employees.
A Closer Look at Analysts’ Ratings for Sweetgreen Inc
As of right now, 6 analysts are rating Sweetgreen Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.52, with a change in price of -14.38. Similarly, Sweetgreen Inc recorded 5,297,608 in trading volume during the last 100 days, posting a change of -59.62%.
Examining SG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SG stands at 0.80. Similarly, the long-term debt-to-equity ratio is also 0.71.
SG Stock Stochastic Average
Today, Sweetgreen Inc’s raw stochastic average for the past 50 days stands at 11.90%, indicating a rise from the raw stochastic average of the last 20 days, which was 11.90%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 12.88% and 12.52% respectively.
SG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -62.35% this year. Over the last six months, there has been a stronger performance of -68.29%. The price of SG leaped by -28.96% during the last 30 days period. For the last 5-days stocks have slided -18.36%.
