Brand Engagement Network Inc (BNAI) is -26.82% away from 50-day simple Moving Average despite all headwinds

Witnessing the stock’s movement on the chart, on Thursday, Brand Engagement Network Inc (NASDAQ: BNAI) had a quiet start as it plunged -6.16% to $0.60, before settling in for the price of $0.64 at the close. Taking a more long-term approach, BNAI posted a 52-week range of $0.61-$19.75.

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The Technology sector firm’s twelve-monthly sales growth has been 0.00% for the last half of the decade. This publicly-traded company’s shares outstanding now amounts to $37.93 million, simultaneously with a float of $23.87 million. The organization now has a market capitalization sitting at $22.79 million. At the time of writing, stock’s 50-day Moving Average stood at $0.8207, while the 200-day Moving Average is $1.9957.

Brand Engagement Network Inc (BNAI) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Brand Engagement Network Inc’s current insider ownership accounts for 37.06%, in contrast to 2.75% institutional ownership.

Brand Engagement Network Inc (BNAI) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Brand Engagement Network Inc (NASDAQ: BNAI) Trading Performance Indicators

Let’s observe the current performance indicators for Brand Engagement Network Inc (BNAI). It’s Quick Ratio in the last reported quarter now stands at 0.09. The Stock has managed to achieve an average true range (ATR) of 0.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 227.85.

In the same vein, BNAI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.25, a figure that is expected to reach -0.17 in the next quarter.

Technical Analysis of Brand Engagement Network Inc (BNAI)

Going through the that latest performance of [Brand Engagement Network Inc, BNAI]. Its last 5-days volume of 0.56 million was inferior to the volume of 1.19 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 6.28% While, its Average True Range was 0.1262.

Raw Stochastic average of Brand Engagement Network Inc (BNAI) in the period of the previous 100 days is set at 1.29%, which indicates a major fall in contrast to 4.39% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 125.98% that was higher than 115.01% volatility it exhibited in the past 100-days period.