Beneficient (BENF) saw an uptrend of 13.58% in the recent trading with $0.39 being its most recent. The current price level -88.32% lower than the highest price of $3.33 marked by the stock while trading over the past 52-weeks, whereas it is 77.79% higher than the lowest price of $0.22 the company dropped to over past 52-weeks. The latest news story on BENF appeared in (GlobeNewswire) under the title “Beneficient Receives Additional Nasdaq Listing Determination”.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.54% below one month high and is +44.18% above of the lowest during that time. Looking into the simple moving average, Beneficient (BENF)’s stock stands at a SMA-50 of $0.3191 while that of 5-day is reading $0.3268.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BENF’s SMA-200 as of now is $0.4874.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
Beneficient Earnings – What Happened With BENF
Coming around sales and income figures on BENF Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
BENF – Beneficient Stock Earnings Estimates
The perspective of Beneficient (NASDAQ:BENF)’s current quarter earnings identifies that analysts are in consensus over the estimate of -3.66 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -1.32.
Beneficient – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 8.24 million. BENF does have institutional investors; and they hold 15.05% of the stock.
As on 2024-06-30, RIVERNORTH CAPITAL MANAGEMENT, LLC was the top most holder in Beneficient (NASDAQ:BENF) with an ownership of 0.61 million shares of the company or 18.1954 of the stake worth $1.37 million.
Key Metrics forBENF
Technical Analysis of Beneficient (NASDAQ:BENF) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Beneficient (BENF), we notice that the stock’s 20-day average volume is at 1,596,490 shares and 50% of short term indicators are suggesting the stock as Buy. Its 50-day average volume of 1,923,814 shares. And to end with, BENF’s 100-day average volume are 1,511,014 shares.
