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Brand Engagement Network Inc (NASDAQ: BNAI) closed the day trading at $0.63 up 4.90% from the previous closing price of $0.60. In other words, the price has increased by $4.90 from its previous closing price. On the day, 1.15 million shares were traded. BNAI stock price reached its highest trading level at $0.7018 during the session, while it also had its lowest trading level at $0.601.
Ratios:
For a better understanding of BNAI, let’s look at 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 23897034 and an Enterprise Value of 30131084. For the stock, the TTM Price-to-Sale (P/S) ratio is 239.00 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 354.483 whereas that against EBITDA is -1.98.
Stock Price History:
The Beta on a monthly basis for BNAI is 0.62, which has changed by -0.9408451 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, BNAI has reached a high of $19.75, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is -22.96%, while the 200-Day Moving Average is calculated to be -68.06%.
Shares Statistics:
Over the past 3-months, BNAI traded about 1.12M shares per day on average, while over the past 10 days, BNAI traded about 960230 shares per day. A total of 37.93M shares are outstanding, with a floating share count of 23.86M. Insiders hold about 37.06% 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 0.98, compared to 1727654400 on 153427.
