An Analysis Of Banzai International Inc (NASDAQ: BNZI), And Its Business Forecast

In today’s recent session, 4.27 million shares of the Banzai International Inc (NASDAQ:BNZI) have been traded, and its beta is -0.51. Most recently the company’s share price was $1.31, and it changed around $0.28 or 27.19% from the last close, which brings the market valuation of the company to $12.17M. BNZI at last check was trading at a discount to its 52-week high of $32.50, offering almost -2380.92% off that amount. The share price’s 52-week low was $0.73, which indicates that the recent value has risen by an impressive 44.27% since then. We note from Banzai International Inc’s average daily trading volume that its 10-day average is 1.24 million shares, with the 3-month average coming to 2.09 million.

Banzai International Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BNZI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Banzai International Inc is expected to report earnings per share of -8 for the current quarter.

Banzai International Inc (NASDAQ:BNZI) trade information

Instantly BNZI has been showing a green trend so far today with a performance of 27.19% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.5000 on recent trading dayincreased the stock’s daily price by 12.67%. The company’s shares are currently down -14.37% year-to-date, but still up 10.09% over the last five days. On the other hand, Banzai International Inc (NASDAQ:BNZI) is -10.88% down in the 30-day period. We can see from the shorts that 0.15 million shares have been sold at a short interest cover period of 0.18 day(s).

Banzai International Inc (BNZI) estimates and forecasts

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.49M in revenue for the current quarter. 1 analysts expect Banzai International Inc to make 1.62M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 49.98%.

Banzai International Inc (NASDAQ:BNZI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 13.34% of Banzai International Inc shares, and 5.84% of them are in the hands of institutional investors. The stock currently has a share float of 6.73%.

The former held 1.11 shares worth $1608.0, making up 0.02% of all outstanding shares.