The stock of Beneficient (BENF) has gone down by -55.75% for the week, with a -56.03% drop in the past month and a -92.37% drop in the past quarter. The volatility ratio for the week is 22.80%, and the volatility levels for the past 30 days are 32.64% for BENF. The simple moving average for the past 20 days is -60.42% for BENF’s stock, with a -97.33% simple moving average for the past 200 days.
Is It Worth Investing in Beneficient (NASDAQ: BENF) Right Now?
Additionally, the 36-month beta value for BENF is -1.02.
The public float for BENF is 1.06M and currently, short sellers hold a 2.94% ratio of that float. The average trading volume of BENF on May 02, 2024 was 125.79K shares.
BENF) stock’s latest price update
The stock of Beneficient (NASDAQ: BENF) has decreased by -38.55 when compared to last closing price of 3.32.Despite this, the company has seen a loss of -55.75% in its stock price over the last five trading days. PennyStocks reported 2024-04-15 that Penny stocks represent an exciting opportunity for investors looking to expand their portfolios with potentially lucrative, yet cost-effective options. Typically trading below five dollars per share, these stocks offer a gateway into investing with a smaller upfront financial commitment.
BENF Trading at -71.73% from the 50-Day Moving Average
After a stumble in the market that brought BENF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.85% of loss for the given period.
Volatility was left at 32.64%, however, over the last 30 days, the volatility rate increased by 22.80%, as shares sank -52.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -89.96% lower at present.
During the last 5 trading sessions, BENF fell by -55.75%, which changed the moving average for the period of 200-days by -99.08% in comparison to the 20-day moving average, which settled at $5.04. In addition, Beneficient saw -94.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BENF starting from CANGANY PETER T JR, who purchase 200,000 shares at the price of $0.25 back on Feb 21 ’24. After this action, CANGANY PETER T JR now owns 200,000 shares of Beneficient, valued at $50,000 using the latest closing price.
CANGANY PETER T JR, the Director of Beneficient, purchase 200,000 shares at $0.26 during a trade that took place back on Feb 20 ’24, which means that CANGANY PETER T JR is holding 200,000 shares at $52,000 based on the most recent closing price.
Stock Fundamentals for BENF
Current profitability levels for the company are sitting at:
- 27.73 for the present operating margin
- 1.62 for the gross margin
The net margin for Beneficient stands at 42.03. The total capital return value is set at -4.93. Equity return is now at value -13629.82, with -569.31 for asset returns.
Based on Beneficient (BENF), the company’s capital structure generated -2.91 points at debt to capital in total, while cash flow to debt ratio is standing at -0.55. The debt to equity ratio resting at -0.74. The interest coverage ratio of the stock is -92.91.
Currently, EBITDA for the company is -234.09 million with net debt to EBITDA at -0.11. When we switch over and look at the enterprise to sales, we see a ratio of -17.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.
Conclusion
In conclusion, Beneficient (BENF) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
