Banzai International Inc (NASDAQ: BNZI) on Friday, plunged -9.94% from the previous trading day, before settling in for the closing price of $1.61. Within the past 52 weeks, BNZI’s price has moved between $1.21 and $85.53.
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A company in the Technology sector has dropped its sales by -4.82% annually for the last half of the decade. The company achieved an average annual earnings per share of 95.79%. With a float of $3.81 million, this company’s outstanding shares have now reached $7.12 million.
In an organization with 67 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 68.32%, operating margin of -305.4%, and the pretax margin is -357892.53%.
Banzai International Inc (BNZI) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Banzai International Inc is 20.64%, while institutional ownership is 3.17%. The most recent insider transaction that took place on Oct 24 ’24, was worth 66,048. In this transaction 10% Owner of this company sold 18,300 shares at a rate of $3.61, taking the stock ownership to the 4 shares. Before that another transaction happened on Oct 17 ’24, when Company’s 10% Owner sold 635,549 for $4.14, making the entire transaction worth $2,631,290. This insider now owns 4 shares in total.
Banzai International Inc (BNZI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -6.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 95.79% 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 0.17 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 2.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -45.42, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.85 in one year’s time.
Technical Analysis of Banzai International Inc (BNZI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.07 million. That was better than the volume of 0.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.10%. Additionally, its Average True Range was 0.19.
During the past 100 days, Banzai International Inc’s (BNZI) raw stochastic average was set at 2.40%, which indicates a significant decrease from 39.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.75% in the past 14 days, which was lower than the 232.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5797, while its 200-day Moving Average is $6.7792. However, in the short run, Banzai International Inc’s stock first resistance to watch stands at $1.5500. Second resistance stands at $1.6500. The third major resistance level sits at $1.7100. If the price goes on to break the first support level at $1.3900, it is likely to go to the next support level at $1.3300. The third support level lies at $1.2300 if the price breaches the second support level.
Banzai International Inc (NASDAQ: BNZI) Key Stats
Market capitalization of the company is 10.32 million based on 5,885K 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 -15,410 K in sales during its previous quarter.
