Banzai International Inc (BNZI) with a beta value of -0.66 appears to be a promising investment opportunity.

Banzai International Inc (NASDAQ: BNZI) kicked off on Monday, down -26.19% from the previous trading day, before settling in for the closing price of $5.69. Over the past 52 weeks, BNZI has traded in a range of $2.42-$828.50.

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During the last 5-year period, the sales drop of Technology Sector giant was -4.82%. While this was happening, its average annual earnings per share was recorded 75.71%. With a float of $0.64 million, this company’s outstanding shares have now reached $0.75 million.

Let’s determine the extent of company efficiency that accounts for 67 employees.

Banzai International Inc (BNZI) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Banzai International Inc is 14.10%, 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) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -13 earnings per share (EPS), lower than consensus estimate (set at -7.5) by -5.5. Wall Street market experts anticipate that the next fiscal year will bring earnings of -4 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

Take a look at Banzai International Inc’s (BNZI) current performance indicators. Last quarter, 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 0.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -45.26, a number that is poised to hit -4.50 in the next quarter and is forecasted to reach -15.00 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 12.76 million, which is a jump from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 40.60%. Additionally, its Average True Range was 1.02.

During the past 100 days, Banzai International Inc’s (BNZI) raw stochastic average was set at 10.27%, which indicates a significant decrease from 35.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 333.33% in the past 14 days, which was higher than the 168.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.71, while its 200-day Moving Average is $53.27. However, in the short run, Banzai International Inc’s stock first resistance to watch stands at $4.98. Second resistance stands at $5.75. The third major resistance level sits at $6.24. If the price goes on to break the first support level at $3.72, it is likely to go to the next support level at $3.23. Now, if the price goes above the second support level, the third support stands at $2.46.

Banzai International Inc (NASDAQ: BNZI) Key Stats

The company with the Market Capitalisation of 3.15 million has total of 21,634K Shares Outstanding. Its annual sales at the moment are 4,560 K in contrast with the sum of -14,410 K annual income. Company’s last quarter sales were recorded 1,070 K and last quarter income was -4,170 K.