There is little time left for Benson Hill Inc (BHIL) to reach its 1-year target estimate. How soon will it surpass it?

Benson Hill Inc (NYSE:BHIL) shares traded 58.00% higher at $0.40 on Wall Street last session.

BHIL stock price is now -1.49% away from the 50-day moving average and -67.23% away from the 200-day moving average. The market capitalization of the company currently stands at $83.00M.

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In other news, Molly Montgomery, Director sold 8,484 shares of the company’s stock on Sep 29. The stock was sold for $2,813 at an average price of $0.33. Upon completion of the transaction, the Director now directly owns 74,529 shares in the company, valued at $29811.6. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 29, President, Ingredients Bennett Bruce Tyler sold 4,615 shares of the business’s stock. A total of $1,530 was realized by selling the stock at an average price of $0.33. This leaves the insider owning 38,701 shares of the company worth $15480.4. Insiders disposed of 104,302 shares of company stock worth roughly $41720.8 over the past 1 year. A total of 44.02% of the company’s stock is owned by insiders.

Benson Hill Inc (NYSE: BHIL) opened at $0.2600 on Friday. During the past 12 months, Benson Hill Inc has had a low of $0.14 and a high of $3.45. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 3.82, and a quick ratio of 3.03. The fifty day moving average price for BHIL is $0.4010 and a two-hundred day moving average price translates $1.2081 for the stock.

The latest earnings results from Benson Hill Inc (NYSE: BHIL) was released for Jun, 2023. According to the Agricultural Inputs Company, earnings per share came in at -$0.3, missing analysts’ expectations of -$0.17 by -0.13. This compares to -$0.01 EPS in the same period last year. The net profit margin was -30.37% and return on equity was -56.66% for BHIL. The company reported revenue of $109.04 million for the quarter, compared to $93.63 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.46 percent. For the current quarter, analysts expect BHIL to generate $88M in revenue.

Benson Hill Inc(BHIL) Company Profile

Benson Hill, Inc., together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products. The company’s technology is applied in soybeans and yellow peas. It focuses on growing, packing, and selling fresh produce products to retail and food service customers. The company was formerly known as Benson Hill Biosystems, Inc. Benson Hill, Inc. was incorporated in 2012 and is headquartered in Saint Louis, Missouri.

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