Banzai International Inc (NASDAQ: BNZI) Recovers 27.80% From 52-Week Low, Is BNZI Still A High-Risk, High-Reward Play?

Banzai International Inc (NASDAQ:BNZI) currently has a daily average trading volume of 2.07M but it saw 1700023 shares traded in last market. With a market cap of 8.73M USD, the company’s current market price of $0.94 came rising about 3.76 while comparing to the previous closing price of $0.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.99 and as low as $0.73. In the recent trading on the day, stock has struck highest price mark of $0.7909 while lowest mark touched by it was $0.985.

Taking a look at 20-day trading activity of Banzai International Inc (BNZI) gives us an average price of $1.3557, while its current price level is -97.65% below from 52-week high level whereas it is 27.80% 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 $1.4993 while that of 200 days or SMA-200 reads an average of $4.1748. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.14% during that period while stretching the period over a month that decreases to 13.38%. 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 34.22 which implies that the stock is in neutral territory.

Over the week, BNZI’s stock price is moving -27.22% down while it is -43.10% when we observe its performance for the past one month. Year-to-date it is -38.64% down and over the past year, the stock is showing a downside performance of -97.47%.

Currently, Banzai International Inc’s total number of outstanding shares is 9.29M with 13.34% of that held by the insiders while 5.84% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -364.76%. Stock’s beta reads -0.37. Stock has a price to sale or P/S ratio amounts to 2.02. Its return on asset (ROA) is -481.34% on average.