Currently, Banzai International Inc’s (BNZI) stock is trading at $4.95, marking a gain of 79.35% from last night’s close. At this price, the stock is -99.40% below its 52-week high of $828.50 and 104.55% above its 52-week low of $2.42. Based on the past 30-day period, the stock price is -54.78% below the high and +109.30% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, BNZI’s SMA-200 is $28.62.
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As well, it is important to consider BNZI stock ratios such as price-to-sales, which is currently 3.68.
How does Banzai International Inc (BNZI) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.
Banzai International Inc (BNZI): Earnings History
If we examine Banzai International Inc’s recent earnings history, in the last quarter ended on 6/30/2024, it posted adjusted earnings per share of -$7.5, beating the consensus of -$6.5. In other words, it beat the consensus by -$1, resulting in a -15.40% surprise. In the 3 months period before the previous quarter which was closed on 6/30/2024, the stock recorded adjusted earnings per share of -$7.5 in contrast with the Outlook of -$6.5. That was a difference of -$1 and a surprise of -15.40%.
Banzai International Inc (NASDAQ: BNZI) Ownership Details
I will give a breakdown of the key shareholders in Banzai International Inc (BNZI). Recent figures show that the company’s insiders hold 44.70% of shares. A total of 18 institutional investors hold shares in the company, making 6.23% of its stock and 11.27% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is Cantor Fitzgerald, L.P. holding total of 22.28 shares that make 1.54% of the company’s total number of shares and are currently priced at 0.12 million.
The securities firm Cercano Management Llc holds 2.11 shares of BNZI, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.15%, and the holding percentage of shares is valued at 11067.0.
An overview of Banzai International Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Banzai International Inc (BNZI) traded 7,878,669 shares per day, with a moving average of $4.53 and price change of +0.97. With the moving average of $5.03 and a price change of -2.14, about 3,182,051 shares changed hands on average over the past 50 days. Finally, BNZI’s 100-day average volume is 1,640,839 shares, alongside a moving average of $6.99 and a price change of -10.74.
