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Brand Engagement Network Inc (NASDAQ: BNAI) closed the day trading at $0.44 up 5.50% from the previous closing price of $0.41. In other words, the price has increased by $5.50 from its previous closing price. On the day, 0.79 million shares were traded. BNAI stock price reached its highest trading level at $0.439 during the session, while it also had its lowest trading level at $0.4.
Ratios:
For a better understanding of BNAI, let’s look at its different ratios. 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 19612908 and an Enterprise Value of 23073112. For the stock, the TTM Price-to-Sale (P/S) ratio is 280.14 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 354.971 whereas that against EBITDA is -0.92.
Stock Price History:
The Beta on a monthly basis for BNAI is 0.52, which has changed by -0.5540816 over the last 52 weeks, in comparison to a change of 0.13837254 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 22.47%, while the 200-Day Moving Average is calculated to be 10.02%.
Shares Statistics:
Over the past 3-months, BNAI traded about 6.78M shares per day on average, while over the past 10 days, BNAI traded about 17935710 shares per day. A total of 43.80M shares are outstanding, with a floating share count of 26.03M. Insiders hold about 41.99% of the company’s shares, while institutions hold 6.60% 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
The stock of Brand Engagement Network Inc (BNAI) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.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.
