Banzai International, Inc. (NASDAQ:BNZI – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 141,739 shares, a decrease of 90.2% from the April 30th total of 1,448,585 shares. Approximately 12.4% of the company’s stock are sold short. Based on an average daily volume of 308,386 shares, the short-interest ratio is currently 0.5 days.
Banzai International Stock Performance
Banzai International stock traded up $0.42 during midday trading on Friday, reaching $3.88. 523,754 shares of the company’s stock were exchanged, compared to its average volume of 629,029. Banzai International has a 52 week low of $3.24 and a 52 week high of $208.00. The firm has a market cap of $5.65 million, a price-to-earnings ratio of -0.04 and a beta of -0.95. The stock’s 50-day simple moving average is $10.62 and its 200 day simple moving average is $19.81.
Banzai International (NASDAQ:BNZI – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($11.69) EPS for the quarter, missing analysts’ consensus estimates of ($5.00) by ($6.69). Banzai International had a negative return on equity of 391.73% and a negative net margin of 237.54%.The business had revenue of $2.70 million for the quarter, compared to the consensus estimate of $2.90 million. Research analysts forecast that Banzai International will post -17.4 earnings per share for the current year.
Institutional Investors Weigh In On Banzai International
Wall Street Analyst Weigh In
BNZI has been the subject of a number of research reports. Ascendiant Capital Markets increased their target price on Banzai International from $460.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Weiss Ratings upgraded Banzai International from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen cut Banzai International from a “sell” rating to a “strong sell” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Banzai International presently has an average rating of “Hold” and an average price target of $480.00.
Check Out Our Latest Research Report on Banzai International
Banzai International Company Profile
Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.
Featured Articles
- Five stocks we like better than Banzai International
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Receive News & Ratings for Banzai International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banzai International and related companies with MarketBeat.com's FREE daily email newsletter.
