In the past week, BNAI stock has gone down by -22.41%, with a monthly decline of -68.83% and a quarterly plunge of -82.36%. The volatility ratio for the week is 27.79%, and the volatility levels for the last 30 days are 20.57% for Brand Engagement Network Inc The simple moving average for the past 20 days is -55.19% for BNAI’s stock, with a -80.44% simple moving average for the past 200 days.
Is It Worth Investing in Brand Engagement Network Inc (NASDAQ: BNAI) Right Now?
Company’s 36-month beta value is 0.26.
The public float for BNAI is 15.30M, and currently, short sellers hold a 0.11% ratio of that floaft. The average trading volume of BNAI on May 07, 2024 was 95.66K shares.
BNAI) stock’s latest price update
Brand Engagement Network Inc (NASDAQ: BNAI)’s stock price has soared by 16.87 in relation to previous closing price of 1.60. Nevertheless, the company has seen a loss of -22.41% in its stock price over the last five trading days.
BNAI Trading at -73.78% from the 50-Day Moving Average
After a stumble in the market that brought BNAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.53% of loss for the given period.
Volatility was left at 20.57%, however, over the last 30 days, the volatility rate increased by 27.79%, as shares sank -69.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -82.59% lower at present.
During the last 5 trading sessions, BNAI fell by -22.41%, which changed the moving average for the period of 200-days by -81.54% in comparison to the 20-day moving average, which settled at $3.9568. In addition, Brand Engagement Network Inc saw -82.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BNAI
Current profitability levels for the company are sitting at:
- -78.27 for the present operating margin
- 1.0 for the gross margin
The net margin for Brand Engagement Network Inc stands at -43.22. The total capital return value is set at 30.52. Equity return is now at value 2.16, with 1.94 for asset returns.
Currently, EBITDA for the company is -1.7 million with net debt to EBITDA at 0.0. When we switch over and look at the enterprise to sales, we see a ratio of 3980.53. The receivables turnover for the company is 1.07for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In a nutshell, Brand Engagement Network Inc (BNAI) has experienced a bad 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.
