Currently, there are 39.57M common shares owned by the public and among those 27.89M shares have been available to trade.
The company’s stock has a 5-day price change of 8.10% and -28.28% over the past three months. BNAI shares are trading -71.36% year to date (YTD), with the 12-month market performance down to -78.03% lower. It has a 12-month low price of $0.23 and touched a high of $8.43 over the same period. BNAI has an average intraday trading volume of 298.61K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.04%, -13.67%, and -61.27% respectively.
Institutional ownership of Brand Engagement Network Inc (NASDAQ: BNAI) shares accounts for 4.82% of the company’s 39.57M shares outstanding.
It has a market capitalization of $11.79M and a beta (3y monthly) value of 0.36. The earnings-per-share (ttm) stands at -$0.98. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.05% over the week and 5.47% over the month.
Analysts forecast that Brand Engagement Network Inc (BNAI) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 44.12%, and 17.54% over the next financial year.
Looking at the support for the BNAI, a number of firms have released research notes about the stock. Maxim Group stated their Buy rating for the stock in a research note on July 25, 2024, with the firm’s price target at $6.
