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After finishing at $0.29 in the prior trading day, Brand Engagement Network Inc (NASDAQ: BNAI) closed at $6.52M, up 503483%. In other words, the price has increased by $503483 from its previous closing price. On the day, 0.5 million shares were traded. BNAI stock price reached its highest trading level at $0.3073 during the session, while it also had its lowest trading level at $0.2806.
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 12080021 and an Enterprise Value of 14334334. For the stock, the TTM Price-to-Sale (P/S) ratio is 201.33 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 238.906 whereas that against EBITDA is -0.496.
Stock Price History:
The Beta on a monthly basis for BNAI is 0.41, which has changed by -0.9148485 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, BNAI has reached a high of $4.10, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -17.52%, while the 200-Day Moving Average is calculated to be -55.19%.
Shares Statistics:
The stock has traded on average 6.52M shares per day over the past 3-months and 6620280 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 4.69% stake in the company. Shares short for BNAI as of 1748563200 were 38094 with a Short Ratio of 0.01, compared to 1745971200 on 105241. Therefore, it implies a Short% of Shares Outstanding of 38094 and a Short% of Float of 0.13.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
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.
