Banzai International Inc (NASDAQ:BNZI) does about 4.38M shares in volume on a normal day but saw 1277198 shares change hands in the recent trading day. The company now has a market cap of 4.54M USD. Its current market price is $0.12, marking an increase of 7.36% compared to the previous close of $0.11. The 52 week high reached by this stock is $16.57 whilst the lowest price level in 52 weeks is $0.09.
Banzai International Inc (BNZI) has a 20-day trading average at $0.1360 and the current price is -99.27% off the 52-week high compared with 37.34% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1575 and its 200-day simple moving average is $2.5400. If we look at the stock’s price movements over the week, volatility stands at 17.14%, which decreases to 13.60% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 41.40 to suggest the stock is neutral.
The consensus objective for the share price is $3.25, suggesting that the stock has a potential upside of 96.31% over the period.
1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
Banzai International Inc (BNZI) stock is up 7.17% over the week and -25.77% over the past month. Its price is -93.56% year-to-date and -98.85% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.13 and -0.49 for whole year. Expected sales for next quarter are $1.35M, which analysts say will come at $6.01M for the current fiscal year and next year at $10.01M. In addition, estimates put the company’s current quarterly revenue at an average of $1.17M.
To reach the target analysts have set, the stock logically needs to grow 96.31 percent from here.
The company has a return on equity of -364.76%. The beta has a value of -0.59. Price to sales ratio is 1.39.
