Trading Day Review: Banzai International Inc (BNZI) Gains Momentum, Closing at 0.12

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The price of Banzai International Inc (NASDAQ: BNZI) closed at $0.12 in the last session, up 3.14% from day before closing price of $0.11. In other words, the price has increased by $3.14 from its previous closing price. On the day, 0.5 million shares were traded. BNZI stock price reached its highest trading level at $0.122 during the session, while it also had its lowest trading level at $0.1105.

Ratios:

We take a closer look at BNZI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.04 and its Current Ratio is at 0.04.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 22 ’24 when Ward Mason bought 500 shares for $0.97 per share. The transaction valued at 484 led to the insider holds 30,670 shares of the business.

Davy Joseph P. bought 500 shares of BNZI for $472 on Feb 22 ’24. The Chief Executive Officer now owns 3,898 shares after completing the transaction at $0.94 per share. On Feb 21 ’24, another insider, Davy Joseph P., who serves as the Chief Executive Officer of the company, bought 500 shares for $0.94 each. As a result, the insider paid 472 and bolstered with 3,398 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 4184953 and an Enterprise Value of 18496536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99. Its current Enterprise Value per Revenue stands at 4.144 whereas that against EBITDA is -1.682.

Stock Price History:

Over the past 52 weeks, BNZI has reached a high of $16.57, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -24.54%, while the 200-Day Moving Average is calculated to be -95.17%.

Shares Statistics:

According to the various share statistics, BNZI traded on average about 4.41M shares per day over the past 3-months and 2316350 shares per day over the past 10 days. A total of 37.53M shares are outstanding, with a floating share count of 20.24M. Insiders hold about 46.07% of the company’s shares, while institutions hold 5.05% stake in the company. Shares short for BNZI as of 1722384000 were 281384 with a Short Ratio of 0.06, compared to 1719532800 on 589300. Therefore, it implies a Short% of Shares Outstanding of 281384 and a Short% of Float of 1.6500000000000001.

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