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.
The closing price of Brand Engagement Network Inc (NASDAQ: BNAI) was $0.44 for the day, down -13.91% from the previous closing price of $0.51. In other words, the price has decreased by -$13.91 from its previous closing price. On the day, 1.11 million shares were traded.
Ratios:
Our analysis of BNAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 182.10 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, BNAI has reached a high of $19.75, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is -33.36%, while the 200-Day Moving Average is calculated to be -71.18%.
Shares Statistics:
A total of 37.93M shares are outstanding, with a floating share count of 26.03M. Insiders hold about 37.10% of the company’s shares, while institutions hold 3.19% stake in the company.
