Brenmiller Energy Ltd (NASDAQ: BNRG) is 76.92% higher on its value in year-to-date trading and has touched a low of $0.60 and a high of $7.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BNRG stock was last observed hovering at around $2.20 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $2.30, the stock is 102.94% and 148.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 4.55% at the moment leaves the stock 95.66% off its SMA200. BNRG registered -59.58% loss for a year compared to 6-month loss of 158.98%. The firm has a 50-day simple moving average (SMA 50) of $0.89842 and a 200-day simple moving average (SMA200) of $1.176865.
The stock witnessed a 187.50% gain in the last 1 month and extending the period to 3 months gives it a 164.37%, and is 76.92% up 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 32.40% over the week and 21.08% over the month.
Distance from 52-week low is 282.31% and -68.14% from its 52-week high.
The EPS is expected to grow by 34.20% this year
The shares outstanding are 7.09M, and float is at 4.27M with Short Float at 9.17%.