Banzai International Inc (NASDAQ:BNZI) does about 4.26M shares in volume on a normal day but saw 1366588 shares change hands in the recent trading day. The company now has a market cap of 4.12M USD. Its current market price is $0.11, marking a decrease of -8.42% compared to the previous close of $0.12. 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 $0.1182 and the current price is -99.34% off the 52-week high compared with 24.74% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1440 and its 200-day simple moving average is $2.0162. If we look at the stock’s price movements over the week, volatility stands at 15.77%, which decreases to 15.45% 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 39.44 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 96.62% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 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.
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The current price level is -8.36%, -24.34%, and -94.69% away from its SMA20, SMA50, and SMA200 respectively, with the BNZI price moving above the 50-day SMA on current market day. Banzai International Inc (BNZI) stock is down -6.23% over the week and -30.18% over the past month. Its price is -94.15% year-to-date and -98.95% over the past year.
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To reach the target analysts have set, the stock logically needs to grow 96.62 percent from here.
Outstanding shares total 37.53M with insiders holding 26.76% of the shares and institutional holders owning 9.97% of the company’s common stock. The company has a return on equity of -364.76%. The beta has a value of -0.62. Price to sales ratio is 0.95.
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