Banzai International Inc (NASDAQ: BNZI) is -4.58% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $93.00 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 $1.31 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $1.46, the stock is -7.18% and -9.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 11.45% at the moment leaves the stock -79.86% off its SMA200. BNZI registered -98.23% loss for a year compared to 6-month loss of -81.04%. The firm has a 50-day simple moving average (SMA 50) of $1.6195 and a 200-day simple moving average (SMA200) of $7.250425.
The stock witnessed a 2.10% gain in the last 1 month and extending the period to 3 months gives it a -56.42%, and is -5.19% 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 10.37% over the week and 12.03% over the month.
Banzai International Inc (BNZI) has around 67 employees, a market worth around $7.01M and $4.31M in sales. Profit margin for the company is -706.42%. Distance from 52-week low is 20.66% and -98.43% from its 52-week high.
with sales reaching $1.49M over the same period.The EPS is expected to grow by 95.79% this year.
Banzai International Inc (BNZI) Top Institutional Holders
The shares outstanding are 4.80M, and float is at 3.81M with Short Float at 4.76%.
Banzai International Inc (BNZI) Insider Activity
The most recent transaction is an insider sale by CP BF Lending, LLC, the company’s 10% Owner. SEC filings show that CP BF Lending, LLC sold 18,300 shares of the company’s common stock on Oct 24 ’24 at a price of $3.61 per share for a total of $66048.0. Following the sale, the insider now owns 4.0 shares.
Banzai International Inc disclosed in a document filed with the SEC on Oct 17 ’24 that CP BF Lending, LLC (10% Owner) sold a total of 635,549 shares of the company’s common stock. The trade occurred on Oct 17 ’24 and was made at $4.14 per share for $2.63 million. Following the transaction, the insider now directly holds 4.0 shares of the BNZI stock.
Still, SEC filings show that on Oct 18 ’24, CP BF Lending, LLC (10% Owner) disposed off 37,300 shares at an average price of $3.43 for $0.13 million. The insider now directly holds 4 shares of Banzai International Inc (BNZI).
