The stock of Brand Engagement Network Inc (BNAI) has gone down by -13.49% for the week, with a 220.54% rise in the past month and a -71.26% drop in the past quarter. The volatility ratio for the week is 16.21%, and the volatility levels for the past 30 days are 41.73% for BNAI. The simple moving average for the last 20 days is 12.36% for BNAI’s stock, with a simple moving average of -57.42% for the last 200 days.
Is It Worth Investing in Brand Engagement Network Inc (NASDAQ: BNAI) Right Now?
BNAI has 36-month beta value of 0.83.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for BNAI is 14.52M, and currently, short sellers hold a 4.25% ratio of that float. The average trading volume of BNAI on June 19, 2024 was 3.24M shares.
BNAI) stock’s latest price update
The stock price of Brand Engagement Network Inc (NASDAQ: BNAI) has dropped by -13.08 compared to previous close of 4.13. Despite this, the company has seen a fall of -13.49% in its stock price over the last five trading days. globenewswire.com reported 2024-05-29 that JACKSON, Wyo., May 29, 2024 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, today announced that Co-CEO Paul Chang will present at the Maxim Group’s 2024 Virtual Tech Conference (Charting the Course: Navigating the Intersection of TMT and Business in the AI Era). The presentation will take place virtually on Wednesday, June 5, 2024 at 12:30 p.m. ET. A live webcast and replay will be available on the Company’s investor relations website.
BNAI Trading at 10.63% 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 -81.82% of loss for the given period.
Volatility was left at 41.73%, however, over the last 30 days, the volatility rate increased by 16.21%, as shares surge +201.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.10% lower at present.
During the last 5 trading sessions, BNAI fell by -13.49%, which changed the moving average for the period of 200-days by -64.73% in comparison to the 20-day moving average, which settled at $3.32. In addition, Brand Engagement Network Inc saw -66.10% 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:
- -186.47 for the present operating margin
- -1.36 for the gross margin
The net margin for Brand Engagement Network Inc stands at -133.61. The total capital return value is set at -0.39. Equity return is now at value 2.16, with 1.94 for asset returns.
Based on Brand Engagement Network Inc (BNAI), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -4.41. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -202.12.
Currently, EBITDA for the company is -1.7 million with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 2364.2. The receivables turnover for the company is 4.74for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.
Conclusion
To put it simply, Brand Engagement Network Inc (BNAI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
