Brand Engagement Network Inc (NASDAQ:BNAI) at last check was buoying at $0.50 on current market day with a fall of -2.09% from its closing price on previous day.
Considering stock’s 52-week price range provides that BNAI hit a high price of $19.75 and saw its price falling to a low level of $0.33 during that period. Over a period of past 1-month, stock came subtracting -14.80% in its value.
With its current market valuation of $20.71 million, Brand Engagement Network Inc is set to declare its quarterly results in March. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
In contrast, when we review BNAI stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
Digging deeper we become aware of the PEG ratio of the BNAI stock which is currently positioned at 0. It further provides that stock’s current price level is -0.64% away from its 20-day simple moving average and is -24.35% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 43.09 while volatility remained at 15.12% over the past week which changes to 22.75% when measuring it over the past month. Beta is valued at 0.53, while measure of average true range or ATR is currently at 0.11. In predicting price targets of as low as $6 and as high as $6, analysts are in agreement on assigning the stock over the next 12 months average price target of $6. Stock’s current price level is -1100.0% above from estimated low price target while it is -1100.0% below the estimated high; and even if the BNAI’s share succeeded to reach the median price of $6, then the outlook of -1100.0% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 37.10% while it is 3.19% for the institutional holders. Subtraction of -48.63% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
