SAGTEC GLOBAL (NASDAQ:SAGT) COO Buys $48,125.00 in Stock

SAGTEC GLOBAL Ltd (NASDAQ:SAGT) COO Xin Yee Loong purchased 62,500 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were purchased at an average cost of $0.77 per share, for a total transaction of $48,125.00. Following the purchase, the chief operating officer directly owned 62,500 shares in the company, valued at $48,125. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

SAGTEC GLOBAL Stock Performance

SAGT stock traded down $0.06 during trading on Thursday, reaching $0.72. The stock had a trading volume of 523,507 shares, compared to its average volume of 1,559,271. The company has a fifty 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 Ltd has a 1-year low of $0.70 and a 1-year high of $3.39.

SAGTEC GLOBAL (NASDAQ:SAGT) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.11) EPS for the quarter. The company had revenue of $3.95 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on SAGTEC GLOBAL in a research note on Thursday, May 21st. They set a “sell (d)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

About SAGTEC GLOBAL

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.