Banzai International Inc (NASDAQ:BNZI) traded at $3.41 at last check on current trade day and made a downward move of -6.69% on its previous day’s price.
Looking at the stock we see that its previous close was $3.66 and the beta (5Y monthly) reads -0.629 with the day’s price range being $3.345 – $3.7. In terms of its 52-week price range, BNZI has a high of $828.50 and a low of $2.42. The company’s stock has lost about -8.32% over that past 30 days.
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Banzai International Inc has a market cap of $11.03 million and is expected to release its quarterly earnings report on 2024-Nov-18.
On the other hand, looking at the outlook for the BNZI stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Banzai International Inc (BNZI) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -25.85% off its SMA20 and -29.65% from its 50-day simple moving average. The RSI (14) is pointing at 43.70 while the volatility over the past week is 34.06% and jumps to 29.26% over the past one month. The beta value is -0.63, while the average true range (ATR) is currently pointing at 1.22.
Coming back to Banzai International Inc (NASDAQ:BNZI), we note that the average 3-month trading volume was 2.86 million, while that of the preceding 10-day period stands at 5.25 million. Current shares outstanding are 3.23 million.
The insiders hold 76.92% of the company’s shares while institutions hold 1.17%. The data shows that short shares as of 2024-09-30, stood at 0.13 million at a short ratio of 0.02. This represents a 572.00 short interest in shares outstanding on 2024-09-30. Shares short rose in September from the previous month at 28236.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -96.37% down in year-to-date price movement.
