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, Brand Engagement Network Inc’s stock clocked out at $0.89, down -3.26% from its previous closing price of $0.92. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 1.27 million shares were traded. BNAI stock price reached its highest trading level at $0.9345 during the session, while it also had its lowest trading level at $0.8101.
Ratios:
To gain a deeper understanding of BNAI’s stock, we examine its different ratios. 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:
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 33759300 and an Enterprise Value of 30131084. For the stock, the TTM Price-to-Sale (P/S) ratio is 337.62 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 354.483 whereas that against EBITDA is -1.98.
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 $0.66. The 50-Day Moving Average of the stock is 5.21%, while the 200-Day Moving Average is calculated to be -59.00%.
Shares Statistics:
It appears that BNAI traded 1.04M shares on average per day over the past three months and 4192330 shares per day over the past ten days. A total of 37.93M shares are outstanding, with a floating share count of 24.21M. Insiders hold about 36.18% of the company’s shares, while institutions hold 2.75% stake in the company. Shares short for BNAI as of 1730332800 were 150820 with a Short Ratio of 0.54, compared to 1727654400 on 153427.
