Brand Engagement Network Inc (NASDAQ:BNAI) shares, rose in value on Thursday, April 16, with the stock price up by 0.70% to the previous day’s close as strong demand from buyers drove the stock to $0.35.
Actively observing the price movement in the last trading, the stock closed the session at $0.34, falling within a range of $0.3221 and $0.35. The value of beta (5-year monthly) was 0.533. Referring to stock’s 52-week performance, its high was $8.43, and the low was $0.26. On the whole, BNAI has fluctuated by -8.52% over the past month.
With the market capitalization of Brand Engagement Network Inc currently standing at about $14.66 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-26.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BNAI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BNAI currently trading nearly 2.75% and -14.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.80, while the 7-day volatility ratio is showing 13.04% which for the 30-day chart, stands at 11.18%. Furthermore, Brand Engagement Network Inc (BNAI)’s beta value is 0.49, and its average true range (ATR) is 0.04.
A comparison of Brand Engagement Network Inc (BNAI) with its peers suggests the former has fared considerably weaker in the market. BNAI showed an intraday change of 0.70% in last session, and over the past year, it shrunk by -93.76%%.
Data on historical trading for Brand Engagement Network Inc (NASDAQ:BNAI) indicates that the trading volumes over the past 10 days have averaged 0.36 and over the past 3 months, they’ve averaged 4.28 million. According to company’s latest data on outstanding shares, there are 39.57 million shares outstanding.
Nearly 34.02% of Brand Engagement Network Inc’s shares belong to company insiders and institutional investors own 3.17% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.22 million shares as on 2025-03-31, resulting in a short ratio of 0.59. According to the data, the short interest in Brand Engagement Network Inc (BNAI) stood at 77.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.18 million. The stock has fallen by -64.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BNAI stock heading into the next quarter.
