Safeguard Scientifics traded at $0.42 this Wednesday July 1st, decreasing $0.03 or 7.05 percent since the previous trading session. Looking back, over the last four weeks, Safeguard Scientifics lost 13.93 percent. Over the last 12 months, its price fell by 47.93 percent. Looking ahead, we forecast Safeguard Scientifics to be priced at 0.40 by the end of this quarter and at 0.37 in one year, according to Trading Economics global macro models projections and analysts expectations.
Safeguard Scientifics, Inc. is a provider of capital and operational support to technology-driven businesses in healthcare, financial services, and digital media. The Company holds interest in 9 non-consolidated companies. It offers operational and management support to certain of its ownership interests. It also develops strategic direction to certain of its ownership interests, which includes defining short and long-term strategic goals; addressing the challenges and operational improvements required to achieve the critical success factors and the strategic goals; and identifying and implementing the business measurements that the Company applies to measure a company’s success. The Company serve on the boards of directors of its partner companies, working with them to develop and implement strategic and operating plans. It measures and monitors achievement of these plans through regular review of operational and financial performance measurements.