Banzai International Inc (BNZI)’s Market Momentum: Closing Strong at 1.73, Up 8.81

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, Banzai International Inc’s stock clocked out at $1.73, up 8.81% from its previous closing price of $1.59. In other words, the price has increased by $8.81 from its previous closing price. On the day, 0.78 million shares were traded. BNZI stock price reached its highest trading level at $1.76 during the session, while it also had its lowest trading level at $1.591.

Ratios:

To gain a deeper understanding of BNZI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 24 ’24 when CP BF Lending, LLC sold 18,300 shares for $3.61 per share. The transaction valued at 66,048 led to the insider holds 4 shares of the business.

CP BF Lending, LLC sold 635,549 shares of BNZI for $2,631,290 on Oct 17 ’24. The 10% Owner now owns 4 shares after completing the transaction at $4.14 per share. On Oct 18 ’24, another insider, CP BF Lending, LLC, who serves as the 10% Owner of the company, sold 37,300 shares for $3.43 each. As a result, the insider received 127,939 and left with 4 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNZI now has a Market Capitalization of 11314079 and an Enterprise Value of 17008514. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98. Its current Enterprise Value per Revenue stands at 3.92 whereas that against EBITDA is -1.365.

Stock Price History:

Over the past 52 weeks, BNZI has reached a high of $177.50, while it has fallen to a 52-week low of $1.29. The 50-Day Moving Average of the stock is -3.96%, while the 200-Day Moving Average is calculated to be -79.36%.

Shares Statistics:

It appears that BNZI traded 2.33M shares on average per day over the past three months and 837320 shares per day over the past ten days. A total of 4.80M shares are outstanding, with a floating share count of 4.14M. Insiders hold about 13.75% of the company’s shares, while institutions hold 4.69% stake in the company. Shares short for BNZI as of 1730332800 were 85206 with a Short Ratio of 0.14, compared to 1727654400 on 127139. Therefore, it implies a Short% of Shares Outstanding of 85206 and a Short% of Float of 4.3.

Most Popular