Xin Yee Loong Buys 62,500 Shares of SAGTEC GLOBAL (NASDAQ:SAGT) Stock

SAGTEC GLOBAL Ltd (NASDAQ:SAGT) COO Xin Yee Loong acquired 62,500 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was purchased at an average price of $0.77 per share, with a total value of $48,125.00. Following the completion of the acquisition, the chief operating officer directly owned 62,500 shares in the company, valued at approximately $48,125. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

SAGTEC GLOBAL Trading Up 4.0%

Shares of SAGTEC GLOBAL stock opened at $0.75 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 $0.70 and a 12 month high of $3.39. The firm’s 50-day moving average price is $0.97.

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

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of SAGTEC GLOBAL in a research note on Thursday, May 21st. They issued a “sell (d)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average 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.