A new trading day began on Monday, with Banzai International Inc (NASDAQ: BNZI) stock price down -8.64% from the previous day of tradingbefore settling in for the closing price of $0.08. BNZI’s price has ranged from $0.07 to $16.57 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -4.82%. Meanwhile, its annual earnings per share averaged 75.71%. With a float of $24.78 million, this company’s outstanding shares have now reached $37.53 million.
The extent of productivity of a business whose workforce counts for 67 workers is very important to gauge. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Banzai International Inc is 33.98%, 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) Performance Highlights and Predictions
In its latest quarterly report, released on 3/31/2024, the company reported earnings of -0.26 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 -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 75.71% per share during the next fiscal year.
Banzai International Inc (NASDAQ: BNZI) Trading Performance Indicators
Here are Banzai International Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Banzai International Inc (BNZI)
The latest stats from [Banzai International Inc, BNZI] show that its last 5-days average volume of 0.69 million was inferior to 2.43 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.03%. Additionally, its Average True Range was 0.01.
During the past 100 days, Banzai International Inc’s (BNZI) raw stochastic average was set at 0.27%, which indicates a significant decrease from 1.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.71% in the past 14 days, which was lower than the 116.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1216, while its 200-day Moving Average is $1.3309. Now, the first resistance to watch is $0.0805. This is followed by the second major resistance level at $0.0880. The third major resistance level sits at $0.0922. If the price goes on to break the first support level at $0.0688, it is likely to go to the next support level at $0.0646. Assuming the price breaks the second support level, the third support level stands at $0.0571.
Banzai International Inc (NASDAQ: BNZI) Key Stats
With a market capitalization of 2.74 million, the company has a total of 21,634K Shares Outstanding. Currently, annual sales are 4,560 K while annual income is -14,410 K. The company’s previous quarter sales were 1,070 K while its latest quarter income was -4,170 K.
