Benson Hill Inc (NASDAQ: BHIL) 52-Week High Located At $11.02, Forget The Dips, Just Ride The Rips

Benson Hill Inc (NASDAQ:BHIL) does about 316.17K shares in volume on a normal day but saw 216058 shares change hands in the recent trading day. The company now has a market cap of 7.33M USD. Its current market price is $1.20, marking an increase of 5.26% compared to the previous close of $1.14. The 52 week high reached by this stock is $11.02 whilst the lowest price level in 52 weeks is $1.14.

Benson Hill Inc (BHIL) has a 20-day trading average at $1.8186 and the current price is -89.12% off the 52-week high compared with 5.26% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.1091 and its 200-day simple moving average is $5.3474. If we look at the stock’s price movements over the week, volatility stands at 18.79%, which increases to 22.44% 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 38.68 to suggest the stock is neutral.

The consensus objective for the share price is $10.50, suggesting that the stock has a potential upside of 88.57% over the period.

ROTH Capital initiated its price target at $9.

The current price level is -34.02%, -43.10%, and -77.56% away from its SMA20, SMA50, and SMA200 respectively, with the BHIL price moving above the 50-day SMA on current market day. Benson Hill Inc (BHIL) stock is down -25.47% over the week and -34.47% over the past month. Its price is -39.09% year-to-date and -82.86% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 88.57 percent from here.

Outstanding shares total 5.58M with insiders holding 40.07% of the shares and institutional holders owning 17.25% of the company’s common stock. The company has a return on investment of -88.97% and return on equity of -141.52%. The beta has a value of 2.10. Price to book ratio is 0.25 and price to sales ratio is 0.04.