Who are the Institutional Holders in BYND Cannasoft Enterprises Inc (BCAN)?

BYND Cannasoft Enterprises Inc (NASDAQ: BCAN) is -48.53% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $4.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BCAN stock was last observed hovering at around $0.18 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.17, the stock is -29.63% and -61.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -0.57% at the moment leaves the stock -88.06% off its SMA200. BCAN registered -94.17% loss for a year compared to 6-month loss of -86.43%. The firm has a 50-day simple moving average (SMA 50) of $7.16 and a 200-day simple moving average (SMA200) of -$2.02.

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The stock witnessed a -46.15% gain in the last 1 month and extending the period to 3 months gives it a -76.35%, and is -12.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.71% over the week and 17.67% over the month.

BYND Cannasoft Enterprises Inc (BCAN) has around 8 employees, a market worth around $6.94M and $0.82M in sales. Profit margin for the company is -364.93%. Distance from 52-week low is 2.94% and -96.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.22%).

10 institutions hold shares in BYND Cannasoft Enterprises Inc (BCAN), with institutional investors hold 13.31% of the company’s shares. The shares outstanding are 37.89M, and float is at 10.60M with Short Float at 2.07%. Institutions hold 4.34% of the Float.

The top institutional shareholder in the company is Mirae Asset Global Investments Co., Ltd. with over 0.66 million shares valued at $2.19 million. The investor’s holdings represent 1.68% of the BCAN Shares outstanding. As of Jun 29, 2023, the second largest holder is Vident Investment Advisory, LLC with 0.14 million shares valued at $0.46 million to account for 0.35% of the shares outstanding. The other top investors are MBE Wealth Management, LLC which holds 38760.0 shares representing 0.10% and valued at over $39147.0, while Osaic Holdings Inc holds 0.01% of the shares totaling 2000.0 with a market value of $6600.0.

BYND Cannasoft Enterprises Inc (BCAN) Insider Activity

A total of 2 insider transactions have happened at BYND Cannasoft Enterprises Inc (BCAN) in the last six months, with sales accounting for 0 and purchases happening 2 times.