Banzai International Inc (NASDAQ: BNZI) on Monday, soared 3.14% from the previous trading day, before settling in for the closing price of $0.11. Within the past 52 weeks, BNZI’s price has moved between $0.09 and $16.57.
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During the last 5-year period, the sales drop of Technology Sector giant was -4.82%. The company achieved an average annual earnings per share of 76.67%. With a float of $20.24 million, this company’s outstanding shares have now reached $37.53 million.
Let’s determine the extent of company efficiency that accounts for 67 employees. In terms of profitability, gross margin is 68.41%, operating margin of -287.04%, and the pretax margin is -364.6%.
Banzai International Inc (BNZI) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Banzai International Inc is 46.07%, while institutional ownership is 5.05%. The most recent insider transaction that took place on Feb 22 ’24, was worth 484. In this transaction Director of this company bought 500 shares at a rate of $0.97, taking the stock ownership to the 30,670 shares. Before that another transaction happened on Feb 22 ’24, when Company’s Chief Executive Officer bought 500 for $0.94, making the entire transaction worth $472. This insider now owns 3,898 shares in total.
Banzai International Inc (BNZI) Earnings and Forecasts
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.26 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.15) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 76.67% per share during the next fiscal year.
Banzai International Inc (NASDAQ: BNZI) Trading Performance Indicators
Banzai International Inc (BNZI) is currently performing well based on its current performance indicators. A quick ratio of 0.04 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Banzai International Inc (BNZI)
Looking closely at Banzai International Inc (NASDAQ: BNZI), its last 5-days average volume was 0.68 million, which is a drop from its year-to-date volume of 2.41 million. As of the previous 9 days, the stock’s Stochastic %D was 38.52%. Additionally, its Average True Range was 0.02.
During the past 100 days, Banzai International Inc’s (BNZI) raw stochastic average was set at 4.87%, which indicates a significant decrease from 49.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.20% in the past 14 days, which was higher than the 114.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1513, while its 200-day Moving Average is $2.3304. However, in the short run, Banzai International Inc’s stock first resistance to watch stands at $0.1212. Second resistance stands at $0.1273. The third major resistance level sits at $0.1327. If the price goes on to break the first support level at $0.1097, it is likely to go to the next support level at $0.1043. Should the price break the second support level, the third support level stands at $0.0982.
Banzai International Inc (NASDAQ: BNZI) Key Stats
Market capitalization of the company is 4.32 million based on 21,634K outstanding shares. Right now, sales total 4,560 K and income totals -14,410 K. The company made 1,080 K in profit during its latest quarter, and -4,500 K in sales during its previous quarter.
