Beneficient (NASDAQ:BENF) Could Experience -99.05% Growth

In recent trading session, Beneficient (NASDAQ:BENF) saw 56.31 million shares changing hands at last check today with its beta currently measuring -1.07. Company’s recent per share price level of $2.45 trading at $0.95 or 63.61% at last check today assigns it a market valuation of $10.43M. That most recent trading price of BENF’s stock is at a discount of -11622.45% from its 52-week high price of $287.20 and is indicating a premium of 43.67% from its 52-week low price of $1.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.95 million shares which gives us an average trading volume of 1.02 million if we extend that period to 3-months.

Beneficient (NASDAQ:BENF) trade information

Upright in the green today for gaining 63.61%, in the last five days BENF remained trading in the green while hitting it’s week-highest on Friday, 09/06/24 when the stock touched $2.45 price level, adding 8.24% to its value on the day. Beneficient’s shares saw a change of -93.69% in year-to-date performance and have moved 55.33% in past 5-day. Beneficient (NASDAQ:BENF) showed a performance of 3.99% in past 30-days. Number of shares sold short was 0.13 million shares which calculate 2.24 days to cover the short interests.

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

Beneficient (BENF) estimates and forecasts

Statistics highlight that Beneficient is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -71.57% of value to its shares in past 6 months, showing an annual growth rate of -101.66% while that of industry is 8.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Beneficient (NASDAQ:BENF)’s Major holders

Insiders are in possession of 37.07% of company’s total shares while institution are holding 32.23 percent of that, with stock having share float percentage of 51.22%. Investors also watch the number of corporate investors in a company very closely, which is 32.23% institutions for Beneficient that are currently holding shares of the company.