Banzai International Inc (BNZI): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Banzai International Inc is $12.45M. A total of 1.02 million shares were traded on the day, compared to an average of 2.94M shares.

In the most recent transaction, CP BF Lending, LLC sold 18,300 shares of BNZI for 3.61 per share on Oct 24 ’24. After the transaction, the 10% Owner now owns 4 company shares. In a previous transaction on Oct 17 ’24, CP BF Lending, LLC sold 635,549 shares at 4.14 per share. BNZI shares that 10% Owner owns now total 4.

Among the insiders who sold shares, CP BF Lending, LLC disposed of 37,300 shares on Oct 18 ’24 at a per-share price of $3.43. This resulted in the 10% Owner holding 4 shares of BNZI after the transaction. In another insider transaction, Alco Investment Co bought 282,420 shares at $3.89 per share on Sep 20 ’24. Company shares held by the 10% Owner now total 330,340.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BNZI has a high of $83.50 and a low of $1.21.

As of this writing, BNZI has an earnings estimate of -$8 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$8 per share and a lower estimate of -$8.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BNZI’s latest balance sheet shows that the firm has $1.79M in Cash & Short Term Investments as of fiscal 2021. There were $7.98M in debt and $10.84M in liabilities at the time. Its Book Value Per Share was -$5.31, while its Total Shareholder’s Equity was -$15.74M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BNZI is Buy with a score of 4.00.

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