Brand Engagement Network Inc [BNAI] stock is trading at $0.90, up 11.11%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BNAI shares have gain 29.85% over the last week, with a monthly amount drifted -1.64%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Brand Engagement Network Inc [NASDAQ: BNAI] stock has seen the most recent analyst activity on July 25, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $6.
Brand Engagement Network Inc [BNAI] stock has fluctuated between $0.66 and $19.75 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Brand Engagement Network Inc [NASDAQ: BNAI] shares were valued at $0.90 at the most recent close of the market. An investor can expect a potential return of 566.67% based on the average BNAI price forecast.
Analyzing the BNAI fundamentals
Gross Profit Margin for this corporation currently stands at -7.01% with Operating Profit Margin at -187.35%, Pretax Profit Margin comes in at -229.17%, and Net Profit Margin reading is -229.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.72, Equity is -1.26 and Total Capital is -0.99. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8263 points at the first support level, and at 0.7526 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0368, and for the 2nd resistance point, it is at 1.1736.
Ratios To Look Out For
For context, Brand Engagement Network Inc’s Current Ratio is 0.09. Also, the Quick Ratio is 0.09, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 343.62, the price to book ratio is 1.92.
