In yesterday’s Wall Street session, Banzai International Inc (NASDAQ:BNZI) shares traded at $2.24, up 16.06% from the previous session.
BNZI stock price is now 43.36% away from the 50-day moving average and -64.64% away from the 200-day moving average. The market capitalization of the company currently stands at $15.94M.
In other news, CP BF Lending, LLC, 10% Owner sold 18,300 shares of the company’s stock on Oct 24 ’24. The stock was sold for $66,048 at an average price of $3.61. Upon completion of the transaction, the 10% Owner now directly owns 4 shares in the company, valued at $8.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 17 ’24, 10% Owner CP BF Lending, LLC sold 635,549 shares of the business’s stock. A total of $2,631,290 was realized by selling the stock at an average price of $4.14. This leaves the insider owning 4 shares of the company worth $8.96. A total of 46.41% of the company’s stock is owned by insiders.
During the past 12 months, Banzai International Inc has had a low of $1.21 and a high of $85.53. The fifty day moving average price for BNZI is $1.5565 and a two-hundred day moving average price translates $6.433375 for the stock.
The latest earnings results from Banzai International Inc (NASDAQ: BNZI) was released for 2024-06-30. The net profit margin was -706.42% and return on equity was -364.76% for BNZI. The company reported revenue of $1.08 million for the quarter, compared to $1.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.44 percent. For the current quarter, analysts expect BNZI to generate $1.49M in revenue.
