Banzai International Inc (NASDAQ:BNZI) shares traded 12.98% higher at $0.19 on Wall Street last session.
BNZI stock price is now -55.60% away from the 50-day moving average and -96.44% away from the 200-day moving average. The market capitalization of the company currently stands at $4.14M.
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In other news, Davy Joseph P., Chief Executive Officer bought 500 shares of the company’s stock on Feb 23 ’24. The stock was bought for $400 at an average price of $0.80. Upon completion of the transaction, the Chief Executive Officer now directly owns 4,398 shares in the company, valued at $835.62. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 22 ’24, Director Ward Mason bought 500 shares of the business’s stock. A total of $484 was incurred on buying the stock at an average price of $0.97. This leaves the insider owning 30,670 shares of the company worth $5827.3. A total of 69.99% of the company’s stock is owned by insiders.
During the past 12 months, Banzai International Inc has had a low of $0.16 and a high of $16.57. The fifty day moving average price for BNZI is $0.4212 and a two-hundred day moving average price translates $5.34607 for the stock.
The latest earnings results from Banzai International Inc (NASDAQ: BNZI) was released for 2024-03-31. The net profit margin was -378.47% and return on equity was -364.76% for BNZI. The company reported revenue of $1.08 million for the quarter, compared to $1.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.24 percent.
