Mohd Adnan Zuria Hajar Binti Sells 19,350 Shares of SAGTEC GLOBAL (NASDAQ:SAGT) Stock

SAGTEC GLOBAL Ltd (NASDAQ:SAGT) CFO Mohd Adnan Zuria Hajar Binti sold 19,350 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 104,500 shares in the company, valued at approximately $285,285. This trade represents a 15.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

SAGTEC GLOBAL Stock Performance

Shares of SAGTEC GLOBAL stock opened at $1.05 on Friday. SAGTEC GLOBAL Ltd has a twelve month low of $0.72 and a twelve month high of $3.56. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.04.

SAGTEC GLOBAL (NASDAQ:SAGT) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $3.95 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of SAGTEC GLOBAL in a report on Thursday. They set a “sell (d)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

SAGTEC GLOBAL Company Profile

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.