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Three Stocks to Consider: Monroe Capital Corporation (MRCC), Sustainable Green Team, Ltd. (SGTM), Burgundy Technology Acquisition Corporation (BTAQ)

Monroe Capital Corporation (MRCC) saw an uptrend of 0.73% in the recent trading with $11.05 being its most recent. The current price level -5.64% lower than the highest price of $11.71 marked by the stock while trading over the past 52-weeks, whereas it is 82.04% higher than the lowest price of $6.07 the company dropped to over the past 52-weeks.

Squeezing the time span to 30 day period shows us the stock is currently trading -5.64% below one month high and is +3.17% above the lowest during that time. Looking into the simple moving average, Monroe Capital Corporation (MRCC)’s stock stands at an SMA-50 of $10.89 while that of 5-day is reading $11.05.


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Daily rise and fall of price influence many of the traders, and to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on the stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MRCC’s SMA-200 as of now is $9.05.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. A score of 1 signifies a buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

Sustainable Green Team, Ltd. (SGTM) showed a bearish trend during the previous trading session, reported a ‎decrease of -12.63%, to close at $1.24. During the last trade, the company’s minimum price was $1.24, while it ‎touched its highest price of $1.24. Its market capitalization was $111,450,414. The company has the total of 89,518,405 ‎outstanding shares. ‎In 2020 the company did over 30 million in revenue and over 5 million in net profit. ‎

The acquisition of Mulch Manufacturing by SGTM in February 2020 is an impressive coup for the parent ‎firm. Mulch Manufacturing agreed to a distribution agreement with SGTM, which increased the ‎former’s production and packaging capacity. Acquiring the company gave the company access to ‎several unique products that were made through patented processes, he said.‎

‎”One of its divisions is now our trucking company, Rose Transportation, and another is Nature’s ‎Reflections, a high-quality mulch colorant product,” CEO Raynor said. “Ingredients are shipped from ‎different countries to Jacksonville where we make it at our 30,000-square-foot manufacturing facility.”

Mulch Manufacturing builds machines to color the mulch instead of buying it from other companies. ‎Called the Cheetah Coloring System, the technology enables Mulch Manufacturing to easily change ‎the color of the product. Raynor said the equipment was named after the nimble African cat because ‎its inventor designed it to efficiently bind chemicals to wood by using less water and colorants.‎

‎”Our being able to be innovative is what excites me about being part of this team,” he said. “For ‎instance, when we build a manufacturing facility from the ground up, our experienced team ‎understands what it takes to do it and if there is a piece of equipment that we cannot buy, we just roll ‎up our sleeves and make it, like trommel screens, disks, conveyors, coloring machines — you name it.”‎

Cypress Sawmill is a division of the Mulch Manufacturing company in Homerville, Georgia, that ‎acquires valuable lumber from loggers, as well as producing top-quality cypress mulch from the trees’ ‎bark. “In the end, there is not one part of the tree that is wasted,” Raynor said of the mill.‎

Burgundy Technology Acquisition Corporation (BTAQ) saw a downtrend of -0.10% in the recent trading with $9.85 being its most recent. The current price level -17.23% lower than the highest price of $11.90 marked by the stock while trading over the past 52-weeks, whereas it is 2.18% higher than the lowest price of $9.64 the company dropped to over past 52-weeks.

Squeezing the time span to 30 day period shows us the stock is currently trading -1.01% below one month high and is +0.10% above of the lowest during that time. Looking into the simple moving average, Burgundy Technology Acquisition Corporation (BTAQ)’s stock stands at a SMA-50 of $9.91 while that of 5-day is reading $9.86.

As on Mar 30, 2021, Castle Creek Arbitrage, LLC was the topmost holder in Burgundy Technology Acquisition Corporation (NASDAQ:BTAQ) with an ownership of 2.78 million shares of the company or 7.82% of the stake worth $27.49 million. The filing also reveals Magnetar Financial LLC as the second largest holder in the company with a control over 6.53% of the outstanding shares. Its stake is worth $22.96 million for having 2.32 million shares in hand.

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