Beneficient (NASDAQ: BENF) on Friday, plunged -4.00% from the previous trading day, before settling in for the closing price of $1.25. Within the past 52 weeks, BENF’s price has moved between $1.11 and $51.14.
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Annual sales at Financial sector company grew by 31.94% over the past five years. The company achieved an average annual earnings per share of 94.20%. With a float of $3.82 million, this company’s outstanding shares have now reached $5.08 million.
Let’s look at the performance matrix of the company that is accounted for 80 employees. In terms of profitability, gross margin is 161.34%, operating margin of 4155.67%, and the pretax margin is 7998.65%.
Beneficient (BENF) Insider Updates
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of Beneficient is 24.86%, while institutional ownership is 16.37%. The most recent insider transaction that took place on Oct 04 ’24, was worth 337,043. In this transaction 10% Owner of this company sold 188,292 shares at a rate of $1.79, taking the stock ownership to the 348,183 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Chief Technology Officer bought 900 for $1.11, making the entire transaction worth $999. This insider now owns 2,540 shares in total.
Beneficient (BENF) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -3.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 94.20% per share during the next fiscal year.
Beneficient (NASDAQ: BENF) Trading Performance Indicators
Beneficient (BENF) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -176.57, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Beneficient (BENF)
Beneficient (NASDAQ: BENF) saw its 5-day average volume 18.08 million, a positive change from its year-to-date volume of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 21.86%. Additionally, its Average True Range was 0.18.
During the past 100 days, Beneficient’s (BENF) raw stochastic average was set at 1.74%, which indicates a significant decrease from 4.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.09% in the past 14 days, which was lower than the 189.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3156, while its 200-day Moving Average is $4.8297. Nevertheless, the first resistance level for the watch stands at $1.9933 in the near term. At $2.7867, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.2133. If the price goes on to break the first support level at $0.7733, it is likely to go to the next support level at $0.3467.
Beneficient (NASDAQ: BENF) Key Stats
Market capitalization of the company is 5.86 million based on 4,246K outstanding shares. Right now, sales total -98,908 K and income totals -2,096 M. The company made 10,046 K in profit during its latest quarter, and 47,667 K in sales during its previous quarter.
