SG Blocks (OTCMKTS:SGBX) Sees Unusually-High Trading Volume

SG Blocks Inc (OTCMKTS:SGBX) shares saw unusually-strong trading volume on Friday . Approximately 27,126,656 shares changed hands during trading, an increase of 10,456% from the previous session’s volume of 256,977 shares.The stock last traded at $1.02 and had previously closed at $0.65.

The firm’s fifty day simple moving average is $0.80.

SG Blocks (OTCMKTS:SGBX) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.02. The business had revenue of $1.74 million for the quarter.

SG Blocks Company Profile (OTCMKTS:SGBX)

SG Blocks, Inc, through SG Building Blocks, Inc (SG Building), provides code engineered cargo shipping containers. SG Building modifies and delivers containers. SG Building enables developers, architects, builders and owners to achieve greener construction. In addition to providing code engineered cargo shipping containers for construction use, SG Building is engaged in structural steel framing systems.

See Also: Why is the price target of stocks important?

Receive News & Ratings for SG Blocks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SG Blocks and related companies with's FREE daily email newsletter.