Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Beneficient’s current trading price is -99.41% away from its 52-week high, while its distance from the 52-week low is 104.84%. The stock’s price range during this period has varied between $0.05 and $16.50. The company, active in the Financial sector, saw a trading volume of around 121.75 million for the day, considerably higher average daily volume of 6.47 million observed over the last three months.
Beneficient had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Beneficient (BENF) has experienced a quarterly decline of -76.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.99M and boasts a workforce of 150 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2969, with a change in price of -0.4282. Similarly, Beneficient recorded 5,315,291 in trading volume during the last 100 days, posting a change of -81.47%.
BENF Stock Stochastic Average
As of today, the raw stochastic average of Beneficient over the last 50 days is at 17.03%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 42.35%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.37% and 27.91%, respectively.
BENF Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -79.96%. However, over the past six months, we’ve seen a stronger performance of -91.53%. The price of BENF fallen by 29.01% over the last 30 days. And in the last five days, it has surged by 89.13%.
