The stock of Banzai International Inc (BNZI) has seen a -17.49% decrease in the past week, with a -28.10% drop in the past month, and a -60.37% decrease in the past quarter. The volatility ratio for the week is 13.94%, and the volatility levels for the past 30 days are at 23.99% for BNZI. The simple moving average for the past 20 days is -28.08% for BNZI’s stock, with a -87.33% simple moving average for the past 200 days.
Is It Worth Investing in Banzai International Inc (NASDAQ: BNZI) Right Now?
The 36-month beta value for BNZI is also noteworthy at -0.64. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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 BNZI is 0.75M, and at present, short sellers hold a 16.95% of that float. The average trading volume of BNZI on October 23, 2024 was 2.89M shares.
BNZI) stock’s latest price update
The stock price of Banzai International Inc (NASDAQ: BNZI) has dropped by -7.36 compared to previous close of 3.26. Despite this, the company has seen a fall of -17.49% in its stock price over the last five trading days. globenewswire.com reported 2024-10-22 that SEATTLE, Oct. 22, 2024 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the “Rule”) for continued listing. To regain compliance with the Rule, the Company’s Class A common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days; on October 18, 2024, Nasdaq informed the Company it achieved compliance with such Rule.
BNZI Trading at -34.74% from the 50-Day Moving Average
After a stumble in the market that brought BNZI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.64% of loss for the given period.
Volatility was left at 23.99%, however, over the last 30 days, the volatility rate increased by 13.94%, as shares sank -63.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.41% lower at present.
During the last 5 trading sessions, BNZI fell by -17.49%, which changed the moving average for the period of 200-days by -97.65% in comparison to the 20-day moving average, which settled at $4.20. In addition, Banzai International Inc saw -96.79% 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 BNZI starting from CP BF Lending, LLC, who sale 635,549 shares at the price of $4.14 back on Oct 17 ’24. After this action, CP BF Lending, LLC now owns 4 shares of Banzai International Inc, valued at $2,631,290 using the latest closing price.
CP BF Lending, LLC, the 10% Owner of Banzai International Inc, sale 37,300 shares at $3.43 during a trade that took place back on Oct 18 ’24, which means that CP BF Lending, LLC is holding 4 shares at $127,939 based on the most recent closing price.
Stock Fundamentals for BNZI
Current profitability levels for the company are sitting at:
- -2.87 for the present operating margin
- 0.68 for the gross margin
The net margin for Banzai International Inc stands at -3.64. The total capital return value is set at 0.39. Equity return is now at value -364.76, with -54.41 for asset returns.
Based on Banzai International Inc (BNZI), the company’s capital structure generated -1.03 points at debt to capital in total, while cash flow to debt ratio is standing at -0.26. The debt to equity ratio resting at -0.51. The interest coverage ratio of the stock is -1.11.
Currently, EBITDA for the company is -9.62 million with net debt to EBITDA at -1.28. When we switch over and look at the enterprise to sales, we see a ratio of 6.65. The receivables turnover for the company is 165.84for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
In summary, Banzai International Inc (BNZI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
