Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Banzai International Inc (NASDAQ: BNZI) was $1.64 for the day, up 19.71% from the previous closing price of $1.37. In other words, the price has increased by $19.71 from its previous closing price. On the day, 1.62 million shares were traded. BNZI stock price reached its highest trading level at $1.81 during the session, while it also had its lowest trading level at $1.42.
Ratios:
Our analysis of BNZI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 10143744 and an Enterprise Value of 17008514. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35. 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 $360.00, while it has fallen to a 52-week low of $1.29. The 50-Day Moving Average of the stock is -27.41%, while the 200-Day Moving Average is calculated to be -83.91%.
Shares Statistics:
BNZI traded an average of 4.21M shares per day over the past three months and 5807270 shares per day over the past ten days. A total of 6.19M shares are outstanding, with a floating share count of 3.34M. Insiders hold about 46.01% of the company’s shares, while institutions hold 3.64% stake in the company. Shares short for BNZI as of 1730332800 were 85206 with a Short Ratio of 0.04, compared to 1727654400 on 127139. Therefore, it implies a Short% of Shares Outstanding of 85206 and a Short% of Float of 4.3.
