Brand Engagement Network Inc (NASDAQ:BNAI) currently has a daily average trading volume of 5.25M but it saw 856356 shares traded in last market. With a market cap of 21.15M USD, the company’s current market price of $0.51 came falling about -8.36 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.75 and as low as $0.33.
Taking a look at 20-day trading activity of Brand Engagement Network Inc (BNAI) gives us an average price of $0.5043, while its current price level is -97.41% below from 52-week high level whereas it is 52.95% 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 $0.6668 while that of 200 days or SMA-200 reads an average of $1.5324. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.12% during that period while stretching the period over a month that increases to 22.75%. 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 43.90 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Maxim Group which initiated the stock as “Buy” in its note to investors issued on July 25, 2024, recommending a price target of $6 for it.
Over the week, BNAI’s stock price is moving -20.01% down while it is -14.58% when we observe its performance for the past one month. Year-to-date it is -47.54% down and over the past year, the stock is showing a downside performance of -95.30%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $300k as analysts are expecting the sales for current fiscal year at $100k and seeing the company making $2.5M in sales next year.
Currently, Brand Engagement Network Inc’s total number of outstanding shares is 37.93M with 45.60% of that held by the insiders while 4.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -128.83% and return on equity (ROE) at -97.00%. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 1.09 while price to sale or P/S ratio amounts to 211.51. Its return on asset (ROA) is -56.31% on average.
