Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Banzai International Inc (NASDAQ: BNZI) was $1.46 for the day, up 11.45% from the previous closing price of $1.31. In other words, the price has increased by $11.45 from its previous closing price. On the day, 0.92 million shares were traded. BNZI stock price reached its highest trading level at $1.525 during the session, while it also had its lowest trading level at $1.31.
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 10389024 and an Enterprise Value of 17008514. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63. Its current Enterprise Value per Revenue stands at 3.92 whereas that against EBITDA is -1.365.
Stock Price History:
The Beta on a monthly basis for BNZI is -0.69, which has changed by -0.9819753 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, BNZI has reached a high of $93.00, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -9.85%, while the 200-Day Moving Average is calculated to be -79.86%.
Shares Statistics:
BNZI traded an average of 1.60M shares per day over the past three months and 546210 shares per day over the past ten days. A total of 4.80M shares are outstanding, with a floating share count of 3.81M. Insiders hold about 20.64% of the company’s shares, while institutions hold 4.69% stake in the company. Shares short for BNZI as of 1730332800 were 85206 with a Short Ratio of 0.11, compared to 1727654400 on 127139. Therefore, it implies a Short% of Shares Outstanding of 85206 and a Short% of Float of 4.3.
