Brand Engagement Network Inc (NASDAQ:BNAI) Decline -12.92%, More Rally Possible

EVTL

In last trading session, Brand Engagement Network Inc (NASDAQ:BNAI) saw 1.29 million shares changing hands with its beta currently measuring 0.63. Company’s recent per share price level of $0.77 trading at -$0.12 or -12.92% at ring of the bell on the day assigns it a market valuation of $29.40M. That closing price of BNAI’s stock is at a discount of -2464.94% from its 52-week high price of $19.75 and is indicating a premium of 14.29% from its 52-week low price of $0.66. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.4 million shares which gives us an average trading volume of 1.06 million if we extend that period to 3-months.

Brand Engagement Network Inc (NASDAQ:BNAI) trade information

Upright in the red during last session for losing -12.92%, in the last five days BNAI remained trading in the red while hitting it’s week-highest on Thursday, 01/02/25 when the stock touched $0.77 price level, adding 30.63% to its value on the day. Brand Engagement Network Inc’s shares saw a change of -20.43% in year-to-date performance and have moved -20.43% in past 5-day. Brand Engagement Network Inc (NASDAQ:BNAI) showed a performance of 0.65% in past 30-days. Number of shares sold short was 0.15 million shares which calculate 1.03 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 87.17% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -679.22% in reaching the projected high whereas dropping to the targeted low would mean a loss of -679.22% for stock’s current value.