Safe and Green Development Corporation ( (SGD) ) has released a notification of late filing.
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Safe and Green Development Corporation has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for this delay is the need for additional time to finalize the financial statements, which could not be completed without unreasonable effort or expense. The company expects to file the report within five calendar days following the original due date. There are no anticipated significant changes in financial results from the corresponding period last year. The notification was signed by Nicolai Brune, the Chief Financial Officer, indicating ongoing compliance efforts.
Spark’s Take on SGD Stock
According to Spark, TipRanks’ AI Analyst, SGD is a Underperform.
The overall stock score reflects significant challenges faced by Safe and Green Development Corporation, primarily driven by its weak financial performance and valuation metrics. The company’s high leverage, persistent losses, and negative cash flow are the most significant factors lowering the score. Technical analysis indicates a bearish trend, further impacting the stock’s attractiveness. The lack of earnings and dividends further contributes to a low valuation score.
To see Spark’s full report on SGD stock, click here.
More about Safe and Green Development Corporation
Average Trading Volume: 2,649,187
Technical Sentiment Signal: Sell
See more data about SGD stock on TipRanks’ Stock Analysis page.