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Analysts Provide An Important Insights On Benson Hill Inc. (BHIL)
Benson Hill Inc. (NYSE:BHIL) concluded the trading at $4.25 on Friday, January 14 with a fall of -8.80% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $4.66 with its price kept floating in the range of $4.18 and $4.76 on the day. Considering stock's 52-week price range provides that BHIL hit a high price of $12.25 and saw its price falling to a low level of $4.46 during that period. Over a period of past 1-month, stock came subtracting -42.57% in its value.
With its current market valuation of $782.98 million, Benson Hill Inc. is set to declare its quarterly results on Nov 15, 2021. Analysts are in estimates of -$0.14 per share for company's earnings in the current quarter and are expecting its annual EPS growth moving up to -$0.65 for 2021 with estimates of that growing to -$0.64 in next year.
Analysts watching the company's growth closely have provided estimates for its revenue growth with an average revenue estimate of $25.9 million. They suggested that in the process company could generate revenue of as low as $23.2 million which could climb up to $28.59 million to hit a high.
In last 7 days, analysts came adjusting their opinions about stock's EPS with no upward and no downward revisions, an indication which could give clearer idea about the company's short term price movement.
Digging deeper we become aware of the PEG ratio of the BHIL stock which is currently positioned at 0. It further provides that stock's current price level is -38.32% away from its 20-day simple moving average and is -39.45% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 18.95 while volatility remained at 14.82% over the past week which changes to 8.46% when measuring it over the past month. Average true range or ATR is currently at 0.52.
Having a second look at Benson Hill Inc. (NYSE:BHIL) provides that stock's average daily trading volume for 3 months was 479.01K, while it jumped to 0.46 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 118.71 million.
The percentage of outstanding shares held by the insiders is 5.60% while it is 9.90% for the institutional holders. The figures also indicate that as of Dec 14, 2021, number of stock's short shares was 0.97 million which implies a short ratio of 2.15. This shows up a 0.54% of Short Interest in company's outstanding shares on the day. In December the standing of shares short improved as it was 0.61 million in the previous month. Subtraction of -41.70% by stock's current price to its year-to-date value in last trading session is likely to be increasing investors' interest in the stock as it is hinting an extended uptrend.
Benson Hill Inc., BHIL, BHIL stock, NYSE:BHIL