Banzai International Inc [NASDAQ: BNZI] traded at a low on Wednesday, posting a -6.04 loss after which it closed the day’ session at $0.07.
The results of the trading session contributed to over 8532865 shares changing hands. Over the past one week, the price volatility of Banzai International Inc stands at 17.42% while the volatility over the past one month is 14.46%.
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The market cap for BNZI stock reached $2.63 million, with 37.53 million shares outstanding and 24.78 million shares in the current float. Compared to the average trading volume of 1.97M shares, BNZI reached a trading volume of 8532865 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $2.50 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 0.01, with the Price to Sales ratio for BNZI stock in the period of the last 12 months amounting to 0.61.
How has BNZI stock performed recently?
Banzai International Inc [BNZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.53. With this latest performance, BNZI shares dropped by -39.13% in over the last four-week period, additionally sinking by -88.64% over the last 6 months – not to mention a drop of -99.33% 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 29.32, with the RSI for the last a single of trading hit 25.80, and the three-weeks RSI is set at 31.65 for Banzai International Inc [BNZI]. The present Moving Average for the last 50 days of trading for this stock 0.1185, while it was recorded at 0.0750 for the last single week of trading, and 1.2247 for the last 200 days.
Banzai International Inc [BNZI]: Deeper insight into the fundamentals
Banzai International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.04 and a Current Ratio set at 0.04.
Earnings analysis for Banzai International Inc [BNZI]
With the latest financial reports released by the company, Banzai International Inc posted -0.26/share EPS, while the average EPS was predicted by analysts to be reported at -0.15/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.11. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BNZI.
