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After finishing at $0.69 in the prior trading day, Brand Engagement Network Inc (NASDAQ: BNAI) closed at $0.58, down -15.38%. In other words, the price has decreased by -$15.38 from its previous closing price. On the day, 6.39 million shares were traded. BNAI stock price reached its highest trading level at $0.6999 during the session, while it also had its lowest trading level at $0.5611.
Ratios:
Our goal is to gain a better understanding of BNAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Maxim Group on July 25, 2024, initiated with a Buy rating and assigned the stock a target price of $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNAI now has a Market Capitalization of 29705674 and an Enterprise Value of 27390214. For the stock, the TTM Price-to-Sale (P/S) ratio is 418.99 while its Price-to-Book (P/B) ratio in mrq is 7.59. Its current Enterprise Value per Revenue stands at 456.504 whereas that against EBITDA is -0.948.
Stock Price History:
The Beta on a monthly basis for BNAI is 0.52, which has changed by -0.33522725 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, BNAI has reached a high of $1.18, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 74.08%, while the 200-Day Moving Average is calculated to be 43.62%.
Shares Statistics:
The stock has traded on average 6.32M shares per day over the past 3-months and 39476770 shares per day over the last 10 days, according to various share statistics. A total of 42.99M shares are outstanding, with a floating share count of 28.36M. Insiders hold about 34.02% of the company’s shares, while institutions hold 6.78% stake in the company. Shares short for BNAI as of 1757894400 were 37600 with a Short Ratio of 0.01, compared to 1755216000 on 116751. Therefore, it implies a Short% of Shares Outstanding of 37600 and a Short% of Float of 0.13.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.14 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.5 and -$0.5 for the fiscal current year, implying an average EPS of -$0.5. EPS for the following year is -$0.47, with 1.0 analysts recommending between -$0.47 and -$0.47.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $2.5M in the next fiscal year. The high estimate is $2.5M and the low estimate is $2.5M.
