Banzai International Inc (NASDAQ: BNZI) is -91.89% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $16.57 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 BNZI stock was last observed hovering at around $0.15 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.15, the stock is -3.80% and -21.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing -0.91% at the moment leaves the stock -95.41% off its SMA200. BNZI registered -98.54% loss for a year compared to 6-month loss of -90.29%.
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The stock witnessed a -11.60% gain in the last 1 month and extending the period to 3 months gives it a -56.08%, and is -4.75% 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 8.03% over the week and 7.96% over the month.
Banzai International Inc (BNZI) has around 67 employees, a market worth around $4.09M and $3.27M in sales. Profit margin for the company is -378.47%. Distance from 52-week low is 8.09% and -99.08% from its 52-week high.
The EPS is expected to grow by 76.67% this year
The shares outstanding are 26.86M, and float is at 14.11M with Short Float at 4.18%.
Banzai International Inc (BNZI) Insider Activity
The most recent transaction is an insider purchase by Davy Joseph P., the company’s Chief Executive Officer. SEC filings show that Davy Joseph P. bought 500 shares of the company’s common stock on Feb 23 ’24 at a price of $0.80 per share for a total of $400.0. Following the purchase, the insider now owns 4398.0 shares.
Banzai International Inc disclosed in a document filed with the SEC on Feb 22 ’24 that Ward Mason (Director) bought a total of 500 shares of the company’s common stock. The trade occurred on Feb 22 ’24 and was made at $0.97 per share for $484.0. Following the transaction, the insider now directly holds 30670.0 shares of the BNZI stock.
Still, SEC filings show that on Feb 22 ’24, Davy Joseph P. (Chief Executive Officer) acquired 500 shares at an average price of $0.94 for $472.0. The insider now directly holds 3,898 shares of Banzai International Inc (BNZI).
