Banzai International Inc (NASDAQ: BNZI) is -30.72% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $20.50 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 $1.22 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $1.06, the stock is -1.81% and -15.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -13.11% at the moment leaves the stock -66.50% off its SMA200. BNZI registered -94.63% loss for a year compared to 6-month loss of -71.35%. The firm has a 50-day simple moving average (SMA 50) of $1.24854 and a 200-day simple moving average (SMA200) of $3.16476.
The stock witnessed a -15.87% gain in the last 1 month and extending the period to 3 months gives it a -21.48%, and is 2.91% 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 14.41% over the week and 12.66% over the month.
Profit margin for the company is -706.42%. Distance from 52-week low is 44.30% and -94.83% from its 52-week high.
The EPS is expected to grow by 96.27% this year
8.0 institutions hold shares in Banzai International Inc (BNZI), with institutional investors hold 6.21% of the company’s shares. The shares outstanding are 9.29M, and float is at 5.97M with Short Float at 2.53%. Institutions hold 5.41% of the Float.
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).
