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

SAGTEC GLOBAL Ltd (NASDAQ:SAGT) COO Xin Yee Loong purchased 62,500 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was bought at an average cost of $0.77 per share, for a total transaction of $48,125.00. Following the acquisition, the chief operating officer directly owned 62,500 shares in the company, valued at $48,125. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

SAGTEC GLOBAL Trading Down 7.9%

SAGT stock opened at $0.72 on Friday. The business’s fifty day moving average price is $0.98. SAGTEC GLOBAL Ltd has a fifty-two week low of $0.70 and a fifty-two week high of $3.39. 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 earnings results on Wednesday, April 29th. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $3.95 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings assumed 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.com, SAGTEC GLOBAL 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.