Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in Bright Green Co. (NASDAQ:BGXX)

Mirae Asset Global Investments Co. Ltd. increased its holdings in Bright Green Co. (NASDAQ:BGXX) by 34.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,488,534 shares of the company’s stock after purchasing an additional 893,636 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 1.90% of Bright Green worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Sabby Management LLC bought a new stake in shares of Bright Green in the 3rd quarter worth approximately $120,000. 7.83% of the stock is owned by institutional investors and hedge funds.

Bright Green Price Performance

Shares of Bright Green stock opened at $0.20 on Tuesday. The company has a market cap of $37.67 million, a PE ratio of -2.48 and a beta of 0.72. The business has a 50 day moving average of $0.24 and a 200 day moving average of $0.28. Bright Green Co. has a 52 week low of $0.15 and a 52 week high of $1.81. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.02.

Bright Green Company Profile

Bright Green Corporation focuses on the cultivation, manufacture, and sale of cannabis and cannabis-related products. Its products are used in research, pharmaceutical applications, and affiliated exports. The company was incorporated in 2019 and is based in Grants, New Mexico.