Beneficient [NASDAQ: BENF] gained 23.39% or 0.08 points to close at $0.44 with a heavy trading volume of 44950496 shares.
The daily chart for BENF points out that the company has recorded -56.45% loss over the past six months.
If we look at the average trading volume of 415.12K shares, BENF reached to a volume of 44950496 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 Beneficient [BENF]:
The Average True Range (ATR) for Beneficient is set at 0.05, with the Price to Sales ratio for BENF stock in the period of the last 12 months amounting to 3.67.
Trading performance analysis for BENF stock
Beneficient [BENF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.76. With this latest performance, BENF shares gained by 58.64% in over the last four-week period, additionally sinking by -56.45% over the last 6 months – not to mention a drop of -87.27% 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 BENF stock in for the last two-week period is set at 77.21, with the RSI for the last a single of trading hit 84.73, and the three-weeks RSI is set at 69.44 for Beneficient [BENF]. The present Moving Average for the last 50 days of trading for this stock 0.3095, while it was recorded at 0.3620 for the last single week of trading, and 0.8450 for the last 200 days.
Beneficient [BENF]: A deeper dive into fundamental analysis
Beneficient’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.04 and a Current Ratio set at 0.04.
