Benson Hill Inc [BHIL] moved down -1.10: Why It’s Important

Benson Hill Inc [NYSE: BHIL] stock went on a downward path that fall over -1.10% on Tuesday, amounting to a one-week price decrease of less than -8.01%.

Over the last 12 months, BHIL stock dropped by -84.28%. The one-year Benson Hill Inc stock forecast points to a potential upside of 46.67. The average equity rating for BHIL stock is currently 2.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $34.32 million, with 208.40 million shares outstanding and 136.31 million shares in the current float. Compared to the average trading volume of 892.72K shares, BHIL stock reached a trading volume of 6984427 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Benson Hill Inc [BHIL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BHIL shares is $0.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BHIL stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Oppenheimer have made an estimate for Benson Hill Inc shares, keeping their opinion on the stock as Perform, with their previous recommendation back on August 10, 2023. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on October 04, 2022, representing the official price target for Benson Hill Inc stock. Previously, the target price had yet another raise to $9, while ROTH Capital analysts kept a Buy rating on BHIL stock.

The Average True Range (ATR) for Benson Hill Inc is set at 0.02, with the Price to Sales ratio for BHIL stock in the period of the last 12 months amounting to 0.09. The Price to Book ratio for the last quarter was 0.51, with the Price to Cash per share for the same quarter was set at 0.14.

BHIL Stock Performance Analysis:

Benson Hill Inc [BHIL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.01. With this latest performance, BHIL shares dropped by -28.33% in over the last four-week period, additionally plugging by 2.99% over the last 6 months – not to mention a drop of -84.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BHIL stock in for the last two-week period is set at 38.20, with the RSI for the last a single of trading hit 33.07, and the three-weeks RSI is set at 41.44 for Benson Hill Inc [BHIL]. The present Moving Average for the last 50 days of trading for this stock 0.1902, while it was recorded at 0.1679 for the last single week of trading, and 0.2419 for the last 200 days.

Insight into Benson Hill Inc Fundamentals:

Benson Hill Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.02 and a Current Ratio set at 2.44.

Benson Hill Inc [BHIL] Institutonal Ownership Details

The top three institutional holders of BHIL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BHIL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BHIL stock with ownership which is approximately 5.8386%.

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