Banzai International Inc (NASDAQ: BNZI) Now $0.16 Higher From Its Low (0.01), Does It Still Have A Growth Story?

Banzai International Inc (NASDAQ:BNZI) currently has a daily average trading volume of 3.09M but it saw 6554312 shares traded in last market. With a market cap of 4.61M USD, the company’s current market price of $0.17 came falling about -11.08 while comparing to the previous closing price of $0.19. 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 $0.2457, while its current price level is -98.96% below from 52-week high level whereas it is 5.86% 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 $0.3513 while that of 200 days or SMA-200 reads an average of $4.9232. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.93% during that period while stretching the period over a month that increases to 19.06%. 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 32.47 which implies that the stock is in neutral territory.

Over the week, BNZI’s stock price is moving -13.24% down while it is -44.49% when we observe its performance for the past one month. Year-to-date it is -90.87% down and over the past year, the stock is showing a downside performance of -98.34%.

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 -0.59. Stock has a price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is -42.65% on average.