Investing In SMART Global Holdings Inc (NASDAQ: SGH): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NASDAQ and operates within the Semiconductors industry segment. The current market capitalization of SMART Global Holdings Inc is $1.21B. A total of 2.13 million shares were traded on the day, compared to an average of 1.04M shares.

In the most recent transaction, Clark Joseph Gates sold 2,529 shares of SGH for 17.94 per share on Apr 24 ’24. After the transaction, the President, LED Solutions now owns 92,386 company shares. In a previous transaction on Apr 11 ’24, Adams Mark bought 10,000 shares at 18.79 per share. SGH shares that President and CEO owns now total 29,640.

Among the insiders who sold shares, Pacheco Jack A disposed of 2,500 shares on Feb 20 ’24 at a per-share price of $20.02. This resulted in the EVP, COO, Pres, Mem Solutions holding 220,007 shares of SGH after the transaction. In another insider transaction, HERSCHER PENNY sold 842 shares at $21.62 per share on Feb 13 ’24. Company shares held by the Director now total 11,871.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SGH has a high of $27.88 and a low of $12.66.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SGH’s latest balance sheet shows that the firm has $222.99M in Cash & Short Term Investments as of fiscal 2021. There were $398.26M in debt and $583.80M in liabilities at the time. Its Book Value Per Share was $7.75, while its Total Shareholder’s Equity was $318.92M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SGH is Buy with a score of 4.75.

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