why Banzai International Inc [BNZI] is a Good Choice for Investors After New Price Target of $3.25

Banzai International Inc [NASDAQ: BNZI] surged by $0.01 during the normal trading session on while it closed the day at $0.15.

Banzai International Inc stock has also loss -5.53% of its value over the past 7 days. However, BNZI stock has declined by -57.86% in the 3 months of the year. Over the past six months meanwhile, it has lost -90.51% and lost -91.82% year-on date.

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The market cap for BNZI stock reached $4.13 million, with 26.86 million shares outstanding and 14.11 million shares in the current float. Compared to the average trading volume of 3.93M shares, BNZI reached a trading volume of 3531492 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Banzai International Inc [BNZI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BNZI shares is $3.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BNZI stock is a recommendation set at 1.00. 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.

The Average True Range (ATR) for Banzai International Inc is set at 0.02, with the Price to Sales ratio for BNZI stock in the period of the last 12 months amounting to 1.26.

BNZI stock trade performance evaluation

Banzai International Inc [BNZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.53. With this latest performance, BNZI shares dropped by -14.08% in over the last four-week period, additionally sinking by -90.51% over the last 6 months – not to mention a drop of -98.52% 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 BNZI stock in for the last two-week period is set at 41.64, with the RSI for the last a single of trading hit 45.35, and the three-weeks RSI is set at 37.72 for Banzai International Inc [BNZI]. The present Moving Average for the last 50 days of trading for this stock 0.1948, while it was recorded at 0.1506 for the last single week of trading, and 3.3229 for the last 200 days.

Banzai International Inc [BNZI]: An insightful look at the core fundamentals

Banzai International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.06 and a Current Ratio set at 0.06.

Banzai International Inc [BNZI]: Institutional Ownership

The top three institutional holders of BNZI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in BNZI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in BNZI stock with ownership which is approximately 5.1238%.

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