Banzai International Inc (NASDAQ: BNZI): Retirees Don’t Worry About Volatility

Banzai International Inc (NASDAQ:BNZI) currently has a daily average trading volume of 954.67K but it saw 73667089 shares traded in last market. With a market cap of 4.61M USD, the company’s current market price of $0.21 came rising about 21.58 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.57 and as low as $0.16.

Taking a look at 20-day trading activity of Banzai International Inc (BNZI) gives us an average price of $0.2885, while its current price level is -98.71% below from 52-week high level whereas it is 31.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4032 while that of 200 days or SMA-200 reads an average of $5.2319. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.42% during that period while stretching the period over a month that decreases to 17.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.11 which implies that the stock is in neutral territory.

Over the week, BNZI’s stock price is moving -18.14% down while it is -44.90% when we observe its performance for the past one month. Year-to-date it is -88.67% down and over the past year, the stock is showing a downside performance of -97.94%.

Currently, Banzai International Inc’s total number of outstanding shares is 13.71M. Company’s return on equity (ROE) at -364.76%. Stock’s beta reads -0.65. Stock has a price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is -42.65% on average.