After finishing at $0.11 in the prior trading day, Beneficient (NASDAQ: BENF) closed at $0.09, down -14.37%. In other words, the price has decreased by -$0.0155 from its previous closing price. On the day, 9601340 shares were traded.
Ratios:
Our goal is to gain a better understanding of BENF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 21 ’24 when CANGANY PETER T JR bought 200,000 shares for $0.25 per share. The transaction valued at 50,000 led to the insider holds 200,000 shares of the business.
CANGANY PETER T JR bought 200,000 shares of BENF for $52,000 on Feb 20 ’24. The Director now owns 200,000 shares after completing the transaction at $0.26 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BENF now has a Market Capitalization of 25.52M and an Enterprise Value of 71.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 43.19. Its current Enterprise Value per Revenue stands at -0.97 whereas that against EBITDA is -0.03.
Stock Price History:
Over the past 52 weeks, BENF has reached a high of $16.50, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is 0.3030, while the 200-Day Moving Average is calculated to be 2.0242.
Shares Statistics:
The stock has traded on average 2.20M shares per day over the past 3-months and 11.14M shares per day over the last 10 days, according to various share statistics. A total of 275.81M shares are outstanding, with a floating share count of 132.66M. Insiders hold about 51.90% of the company’s shares, while institutions hold 19.95% stake in the company. Shares short for BENF as of Feb 15, 2024 were 400.64k with a Short Ratio of 0.18, compared to 412.28k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.15% and a Short% of Float of 1.14%.
