Benson Hill Inc [NASDAQ: BHIL] gained 119.44% or 2.15 points to close at $3.95 with a heavy trading volume of 13184585 shares.
The daily chart for BHIL points out that the company has recorded -40.51% loss over the past six months.
If we look at the average trading volume of 25.58K shares, BHIL reached to a volume of 13184585 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $10.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on 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 0.41, with the Price to Sales ratio for BHIL stock in the period of the last 12 months amounting to 0.12. The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 2.36.
Trading performance analysis for BHIL stock
Benson Hill Inc [BHIL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 130.99. With this latest performance, BHIL shares gained by 73.25% in over the last four-week period, additionally sinking by -40.51% over the last 6 months – not to mention a drop of -29.60% 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 74.49, with the RSI for the last a single of trading hit 85.06, and the three-weeks RSI is set at 65.22 for Benson Hill Inc [BHIL]. The present Moving Average for the last 50 days of trading for this stock 2.6800, while it was recorded at 2.2000 for the last single week of trading, and 5.6100 for the last 200 days.
Benson Hill Inc [BHIL]: A deeper dive into fundamental analysis
Benson Hill Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.74 and a Current Ratio set at 2.21.
An analysis of Institutional ownership at Benson Hill Inc [BHIL]
There are presently around $18.07%, or 30.15%% of BHIL stock, in the hands of institutional investors. The top three institutional holders of BHIL stocks are: ALPHABET INC. with ownership of 15.35 million shares, which is approximately 8.038%. VANGUARD GROUP INC, holding 7.55 million shares of the stock with an approximate value of $$1.15 million in BHIL stocks shares; and VANGUARD GROUP INC, currently with $$0.45 million in BHIL stock with ownership which is approximately 1.5423%.
