Beneficient (NASDAQ:BENF) shares, rose in value on Thursday, April 16, with the stock price down by -6.11% to the previous day’s close as strong demand from buyers drove the stock to $0.27.
Actively observing the price movement in the last trading, the stock closed the session at $0.29, falling within a range of $0.262 and $0.289. Referring to stock’s 52-week performance, its high was $13.00, and the low was $0.27. On the whole, BENF has fluctuated by -20.74% over the past month.
With the market capitalization of Beneficient currently standing at about $2.33 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 20.92M, with a low estimate of 210k and a high estimate of 210k. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 210k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BENF’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BENF currently trading nearly -12.92% and -29.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.72, while the 7-day volatility ratio is showing 7.27% which for the 30-day chart, stands at 9.16%. Furthermore, Beneficient (BENF)’s beta value is -0.95, and its average true range (ATR) is 0.03.
A comparison of Beneficient (BENF) with its peers suggests the former has fared considerably weaker in the market. BENF showed an intraday change of -6.11% in last session, and over the past year, it shrunk by -95.46%%.
Data on historical trading for Beneficient (NASDAQ:BENF) indicates that the trading volumes over the past 10 days have averaged 92460.0 and over the past 3 months, they’ve averaged 446.29K. According to company’s latest data on outstanding shares, there are 8.24 million shares outstanding.
Nearly 16.55% of Beneficient’s shares belong to company insiders and institutional investors own 12.37% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.39 million shares as on 2025-03-31, resulting in a short ratio of 0.4. According to the data, the short interest in Beneficient (BENF) stood at 554.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.11 million. The stock has fallen by -63.87% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BENF stock heading into the next quarter.
