Shares of Banzai International (NASDAQ:PARA – Free Report) are set to reverse split on the morning of Tuesday, October 27th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, October 26th.
Banzai International Stock Down 9.6%
Banzai International stock traded down $0.05 during midday trading on Friday, reaching $0.43. The company’s stock had a trading volume of 117,677 shares, compared to its average volume of 271,590. Banzai International has a 52 week low of $0.42 and a 52 week high of $48.40. The stock has a market cap of $1.51 million, a PE ratio of -0.01 and a beta of -0.99.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Banzai International from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, October 14th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Banzai International has an average rating of “Sell”.
Read Our Latest Stock Analysis on Banzai International
Banzai International Company Profile
Banzai International, Inc is a software company that provides marketing technology designed to help businesses plan, promote and measure virtual and in-person events. Its platform is intended to support customer engagement, lead generation and marketing automation.
The company’s product portfolio has included Demio, a webinar and virtual-event platform, along with tools focused on event promotion, audience registration, communications and performance measurement. Banzai primarily serves businesses and marketing teams seeking to improve event-driven demand generation and customer outreach.
Banzai was founded by Joe Davy, who has served as the company’s chief executive officer.
See Also
- Five stocks we like better than Banzai International
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
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.
