A share price of Brand Engagement Network Inc [BNAI] is currently trading at $0.35, up 7.42%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BNAI shares have gain 22.82% over the last week, with a monthly amount glided 40.91%, and 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 experienced fluctuations in its stock price throughout the past year between $0.23 and $4.10. 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 $0.35 at the most recent close of the market. An investor can expect a potential return of 1614.29% based on the average BNAI price forecast.
Analyzing the BNAI fundamentals
Trailing Twelve Months sales for Brand Engagement Network Inc [NASDAQ:BNAI] were 0.06M which represents -79.92% decline. Gross Profit Margin for this corporation currently stands at -7.01% with Operating Profit Margin at -365.21%, Pretax Profit Margin comes in at -337.86%, and Net Profit Margin reading is -337.86%. To continue investigating profitability, this company’s Return on Assets is posted at -1.86, Equity is -2.19 and Total Capital is -9.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
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 0.3206 points at the first support level, and at 0.2892 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3807, and for the 2nd resistance point, it is at 0.4094.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Brand Engagement Network Inc [NASDAQ:BNAI] is 0.13. As well, the Quick Ratio is 0.13, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 252.17, the price to book ratio is 4.57.
