Brand Engagement Network Inc (NASDAQ:BNAI) Is -30.37% Lower Than A Week Ago, Can It Hit Well Above -$0.3250?

In last trading session, Brand Engagement Network Inc (NASDAQ:BNAI) saw 0.54 million shares changing hands with its beta currently measuring 0.63. Company’s recent per share price level of $0.75 trading at -$0.02 or -3.87% at ring of the bell on the day assigns it a market valuation of $28.26M. That closing price of BNAI’s stock is at a discount of -2533.33% from its 52-week high price of $19.75 and is indicating a premium of 12.0% 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 1.08 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 -3.87%, in the last five days BNAI remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $0.75 price level, adding 28.57% to its value on the day. Brand Engagement Network Inc’s shares saw a change of -23.51% in year-to-date performance and have moved -30.37% in past 5-day. Brand Engagement Network Inc (NASDAQ:BNAI) showed a performance of -11.31% 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 87.5% 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 -700.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -700.0% for stock’s current value.

And 1 analysts are in estimates of company making revenue of 300k in the next quarter.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 63.99 shares of worth $47673.0 or 0.17% of the total outstanding shares. The later fund manager was in possession of 57.07 shares on Nov 30, 2024 , making its stake of worth around $42517.0 in the company or a holder of 0.15% of company’s stock.