Brand Engagement Network Inc [NASDAQ: BNAI] jumped around 0.03 points on Friday, while shares priced at $0.28 at the close of the session, up 12.96%.
Compared to the average trading volume of 298.61K shares, BNAI reached a trading volume of 34982889 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Brand Engagement Network Inc [BNAI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BNAI shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BNAI 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.
Maxim Group have made an estimate for Brand Engagement Network Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 25, 2024.
The Average True Range (ATR) for Brand Engagement Network Inc is set at 0.03, with the Price to Sales ratio for BNAI stock in the period of the last 12 months amounting to 117.90. The Price to Book ratio for the last quarter was 4.18, with the Price to Cash per share for the same quarter was set at 0.00.
How has BNAI stock performed recently?
Brand Engagement Network Inc [BNAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.10. With this latest performance, BNAI shares dropped by -22.28% in over the last four-week period, additionally sinking by -67.35% over the last 6 months – not to mention a drop of -78.03% 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 BNAI stock in for the last two-week period is set at 43.00, with the RSI for the last a single of trading hit 47.36, and the three-weeks RSI is set at 41.69 for Brand Engagement Network Inc [BNAI]. The present Moving Average for the last 50 days of trading for this stock 0.3232, while it was recorded at 0.2569 for the last single week of trading, and 0.7204 for the last 200 days.
Brand Engagement Network Inc [BNAI]: Deeper insight into the fundamentals
Brand Engagement Network Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.09 and a Current Ratio set at 0.09.
Earnings analysis for Brand Engagement Network Inc [BNAI]
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 BNAI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brand Engagement Network Inc go to 28.68%.
