Benson Hill Inc (BHIL) average volume reaches $949.89K: Is Wall Street expecting a rally?

A new trading day began on Tuesday, with Benson Hill Inc (NYSE: BHIL) stock price down -9.20% from the previous day of trading, before settling in for the closing price of $0.17. BHIL’s price has ranged from $0.13 to $1.58 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Basic Materials Sector giant was 107.34%. Meanwhile, its annual earnings per share averaged 57.63%. With a float of $135.68 million, this company’s outstanding shares have now reached $208.40 million.

Let’s determine the extent of company efficiency that accounts for 270 employees.

Benson Hill Inc (BHIL) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Agricultural Inputs Industry. The insider ownership of Benson Hill Inc is 36.00%, while institutional ownership is 26.12%. The most recent insider transaction that took place on Jan 02 ’24, was worth 2,831. In this transaction Chief Legal Officer/Corp Secty of this company sold 18,872 shares at a rate of $0.15, taking the stock ownership to the 41,375 shares. Before that another transaction happened on Sep 29 ’23, when Company’s Director sold 8,484 for $0.33, making the entire transaction worth $2,813. This insider now owns 74,529 shares in total.

Benson Hill Inc (BHIL) Earnings and Forecasts

In its latest quarterly report, released on 3/31/2024, the company reported earnings of -0.3 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 57.63% per share during the next fiscal year.

Benson Hill Inc (NYSE: BHIL) Trading Performance Indicators

Here are Benson Hill Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.71, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.13 in one year’s time.

Technical Analysis of Benson Hill Inc (BHIL)

Looking closely at Benson Hill Inc (NYSE: BHIL), its last 5-days average volume was 2.44 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 32.12%. Additionally, its Average True Range was 0.02.

During the past 100 days, Benson Hill Inc’s (BHIL) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.74% in the past 14 days, which was lower than the 105.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1877, while its 200-day Moving Average is $0.2329. However, in the short run, Benson Hill Inc’s stock first resistance to watch stands at $0.1615. Second resistance stands at $0.1731. The third major resistance level sits at $0.1788. If the price goes on to break the first support level at $0.1442, it is likely to go to the next support level at $0.1385. Should the price break the second support level, the third support level stands at $0.1269.

Benson Hill Inc (NYSE: BHIL) Key Stats

With a market capitalization of 31.80 million, the company has a total of 212,008K Shares Outstanding. Currently, annual sales are 473,340 K while annual income is -115,310 K. The company’s previous quarter sales were 21,130 K while its latest quarter income was -21,280 K.