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

SAGTEC GLOBAL Ltd (NASDAQ:SAGT) COO Xin Yee Loong acquired 62,500 shares of the business’s stock in a transaction on Friday, July 31st. The shares were purchased at an average price 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 of the company’s stock, valued at $48,125. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

SAGTEC GLOBAL Trading Up 4.0%

Shares of SAGT opened at $0.75 on Friday. The business has a 50 day moving average price of $0.97. 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 Ltd has a 52 week low of $0.70 and a 52 week high of $3.39.

SAGTEC GLOBAL (NASDAQ:SAGT) 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.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on shares of SAGTEC GLOBAL in a report on Thursday, May 21st. They set a “sell (d)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, SAGTEC GLOBAL currently 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.