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The closing price of Brand Engagement Network Inc (NASDAQ: BNAI) was $0.5 for the day, down -6.88% from the previous closing price of $0.53. In other words, the price has decreased by -$6.88 from its previous closing price. On the day, 2.36 million shares were traded. BNAI stock price reached its highest trading level at $0.55 during the session, while it also had its lowest trading level at $0.4451.
Ratios:
Our analysis of BNAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.19. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 22947740 and an Enterprise Value of 25202054. For the stock, the TTM Price-to-Sale (P/S) ratio is 305.32 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 420.034 whereas that against EBITDA is -0.873.
Stock Price History:
The Beta on a monthly basis for BNAI is 0.48, which has changed by -0.4751848 over the last 52 weeks, in comparison to a change of 0.13724327 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 41.57%, while the 200-Day Moving Average is calculated to be 23.22%.
Shares Statistics:
BNAI traded an average of 6.68M shares per day over the past three months and 41337230 shares per day over the past ten days. A total of 43.80M shares are outstanding, with a floating share count of 23.31M. Insiders hold about 45.77% of the company’s shares, while institutions hold 6.78% stake in the company. Shares short for BNAI as of 1759190400 were 62372 with a Short Ratio of 0.01, compared to 1756425600 on 52451. Therefore, it implies a Short% of Shares Outstanding of 62372 and a Short% of Float of 0.22.
Earnings Estimates
A comprehensive evaluation of Brand Engagement Network Inc (BNAI) is underway, with the input of 1.0 analysts contributing to its current rating.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.
