Key Points
- COO Xin Yee Loong purchased 62,500 SAGTEC GLOBAL shares at an average price of $0.77, representing a total investment of $48,125. Following the transaction, Loong owned 62,500 shares.
- SAGT opened at $0.72 and trades near its 52-week low of $0.70, well below its 52-week high of $3.39. The company reported quarterly revenue of $3.95 million and a loss of $0.11 per share.
- Analyst sentiment remains negative: Weiss Ratings initiated coverage with a “sell” rating, and the stock has a consensus rating of “Sell.”
SAGTEC GLOBAL Ltd (NASDAQ:SAGT - Get Free Report) COO Xin Yee Loong acquired 62,500 shares of the firm's stock in a transaction dated Friday, July 31st. The stock was bought at an average price of $0.77 per share, for a total transaction of $48,125.00. Following the acquisition, the chief operating officer owned 62,500 shares of the company's stock, valued at approximately $48,125. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
SAGTEC GLOBAL Price Performance
NASDAQ SAGT opened at $0.72 on Friday. SAGTEC GLOBAL Ltd has a 1-year low of $0.70 and a 1-year high of $3.39. The firm has a 50-day moving average of $0.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.87 and a quick ratio of 2.87.
SAGTEC GLOBAL (NASDAQ:SAGT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $3.95 million during the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings began coverage on shares of SAGTEC GLOBAL in a report on Thursday, May 21st. They issued a "sell (d)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Sell".
View Our Latest Research Report on SAGTEC GLOBAL
About SAGTEC GLOBAL
(
Get Free Report)
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.
Further Reading
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