Benson Hill Inc (BHIL) Shares Plummet Below 1-Year High

The stock of Benson Hill Inc (NYSE: BHIL) has decreased by -1.92 when compared to last closing price of 0.22.Despite this, the company has seen a gain of 9.44% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-19 that Here is how Benson Hill, Inc. (BHIL) and Grocery Outlet Holding Corp. (GO) have performed compared to their sector so far this year.

Is It Worth Investing in Benson Hill Inc (NYSE: BHIL) Right Now?

Company’s 36-month beta value is 2.20.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for BHIL is 115.60M, and currently, short sellers hold a 7.77% ratio of that floaft. The average trading volume of BHIL on April 04, 2024 was 932.12K shares.

BHIL’s Market Performance

The stock of Benson Hill Inc (BHIL) has seen a 9.44% increase in the past week, with a 2.93% rise in the past month, and a 42.93% gain in the past quarter. The volatility ratio for the week is 16.21%, and the volatility levels for the past 30 days are at 16.05% for BHIL. The simple moving average for the last 20 days is 3.38% for BHIL’s stock, with a simple moving average of -55.55% for the last 200 days.

Analysts’ Opinion of BHIL

Lake Street, on the other hand, stated in their research note that they expect to see BHIL reach a price target of $7. The rating they have provided for BHIL stocks is “Buy” according to the report published on October 04th, 2022.

ROTH Capital gave a rating of “Buy” to BHIL, setting the target price at $9 in the report published on March 25th of the previous year.

BHIL Trading at 6.59% from the 50-Day Moving Average

After a stumble in the market that brought BHIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.38% of loss for the given period.

Volatility was left at 16.05%, however, over the last 30 days, the volatility rate increased by 16.21%, as shares surge +13.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.67% upper at present.

During the last 5 trading sessions, BHIL rose by +9.44%, which changed the moving average for the period of 200-days by -81.98% in comparison to the 20-day moving average, which settled at $0.2087. In addition, Benson Hill Inc saw 23.36% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BHIL starting from Fundler Yevgeny, who sale 18,872 shares at the price of $0.15 back on Jan 02 ’24. After this action, Fundler Yevgeny now owns 41,375 shares of Benson Hill Inc, valued at $2,831 using the latest closing price.

Molly Montgomery, the Director of Benson Hill Inc, sale 8,484 shares at $0.33 during a trade that took place back on Sep 29 ’23, which means that Molly Montgomery is holding 74,529 shares at $2,813 based on the most recent closing price.

Stock Fundamentals for BHIL

Current profitability levels for the company are sitting at:

  • -0.2 for the present operating margin
  • 0.05 for the gross margin

The net margin for Benson Hill Inc stands at -0.25. The total capital return value is set at -0.49. Equity return is now at value -79.48, with -26.89 for asset returns.

Based on Benson Hill Inc (BHIL), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at -1.08. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is -2.7.

Currently, EBITDA for the company is -51.4 million with net debt to EBITDA at -2.31. When we switch over and look at the enterprise to sales, we see a ratio of 0.37. The receivables turnover for the company is 12.58for trailing twelve months and the total asset turnover is 1.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.

Conclusion

In a nutshell, Benson Hill Inc (BHIL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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