Market Insights: Beneficient (BENF)’s Notable Drop of -7.50, Closing at 5.55

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Beneficient’s stock clocked out at $5.55, down -7.50% from its previous closing price of $6.00. In other words, the price has decreased by -$7.50 from its previous closing price. On the day, 1.67 million shares were traded. BENF stock price reached its highest trading level at $6.5199 during the session, while it also had its lowest trading level at $5.2126.

Ratios:

To gain a deeper understanding of BENF’s stock, we examine 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:

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 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 19971066 and an Enterprise Value of 563371072. For the stock, the TTM Price-to-Sale (P/S) ratio is 210.34. Its current Enterprise Value per Revenue stands at -7.592 whereas that against EBITDA is -2.843.

Stock Price History:

Over the past 52 weeks, BENF has reached a high of $1320.00, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is -8.92%, while the 200-Day Moving Average is calculated to be -92.35%.

Shares Statistics:

It appears that BENF traded 787.86K shares on average per day over the past three months and 4126050 shares per day over the past ten days. A total of 22.36M shares are outstanding, with a floating share count of 1.06M. Insiders hold about 95.26% of the company’s shares, while institutions hold 3.08% stake in the company. Shares short for BENF as of 1713139200 were 31129 with a Short Ratio of 0.04, compared to 1710460800 on 31635. Therefore, it implies a Short% of Shares Outstanding of 31129 and a Short% of Float of 5.87.

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