Brand Engagement Network Inc (NASDAQ: BNAI) is -60.68% lower on its value in year-to-date trading and has touched a low of $0.30 and a high of $8.43 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 BNAI stock was last observed hovering at around $0.38 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.38, the stock is 1.42% and -16.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 0.45% at the moment leaves the stock -70.70% off its SMA200. BNAI registered -93.55% loss for a year compared to 6-month loss of -59.32%. The firm has a 50-day simple moving average (SMA 50) of $0.456 and a 200-day simple moving average (SMA200) of $1.307215.
The stock witnessed a -11.22% gain in the last 1 month and extending the period to 3 months gives it a -48.33%, and is 0.79% 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 6.53% over the week and 10.71% over the month.
Brand Engagement Network Inc (BNAI) has around 38 employees, a market worth around $15.85M and $0.10M in sales. Profit margin for the company is -22917.14%. Distance from 52-week low is 26.40% and -95.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-128.83%).
20.0 institutions hold shares in Brand Engagement Network Inc (BNAI), with institutional investors hold 7.96% of the company’s shares. The shares outstanding are 37.93M, and float is at 27.31M with Short Float at 0.44%. Institutions hold 4.33% of the Float.
