Key Points
- SAGTEC GLOBAL CFO Mohd Adnan Zuria Hajar Binti sold 19,350 shares on April 29 at an average price of $2.73, for total proceeds of about $52,825.50. After the sale, the CFO still directly owned 104,500 shares, reducing their stake by 15.62%.
- The company reported a loss of $0.11 per share in its latest quarterly earnings, alongside revenue of $3.95 million. SAGTEC GLOBAL also has relatively strong liquidity, with a quick ratio and current ratio of 2.87.
- Analyst sentiment remains bearish, with Weiss Ratings assigning the stock a “sell (d)” rating and the overall average rating currently also listed as Sell. The shares were last reported trading at $1.05, near the low end of their 12-month range of $0.72 to $3.56.
SAGTEC GLOBAL Ltd (NASDAQ:SAGT - Get Free Report) CFO Mohd Adnan Zuria Hajar Binti sold 19,350 shares of the business's stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $2.73, for a total transaction of $52,825.50. Following the sale, the chief financial officer directly owned 104,500 shares in the company, valued at approximately $285,285. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
SAGTEC GLOBAL Stock Performance
Shares of NASDAQ:SAGT opened at $1.05 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.87 and a current ratio of 2.87. SAGTEC GLOBAL Ltd has a 12-month low of $0.72 and a 12-month high of $3.56.
SAGTEC GLOBAL (NASDAQ:SAGT - Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $3.95 million for the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on shares of SAGTEC GLOBAL in a research note on Thursday. They set a "sell (d)" rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of "Sell".
Check Out Our Latest Report on SAGT
About SAGTEC GLOBAL
(
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Our business was originally incorporated in Malaysia in 2018, and is principally involved in the provision of customizable software solutions encompassing several types of software such as a smart ordering system, Speed +, which is a smart solutions application software for the food and beverage industry. The Speed+ software is installed onto our existing Point of Sale (POS) machines, which are sourced from third-party suppliers. These POS machines, equipped with Speed+, are then leased to clients, providing a seamless and integrated solution for efficient order management and transaction processing.
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