Beneficient (NASDAQ:BENF) Shares Up 2.6% – Still a Buy?

Beneficient (NASDAQ:BENFGet Free Report)’s share price was up 2.6% during trading on Wednesday . The company traded as high as $5.47 and last traded at $5.19. Approximately 54,582 shares traded hands during trading, a decline of 71% from the average daily volume of 189,715 shares. The stock had previously closed at $5.06.

Analyst Ratings Changes

A number of brokerages have issued reports on BENF. Weiss Ratings reiterated a “sell (e+)” rating on shares of Beneficient in a research note on Monday, December 29th. Wall Street Zen raised shares of Beneficient to a “sell” rating in a research note on Saturday, November 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Beneficient presently has an average rating of “Sell”.

Check Out Our Latest Research Report on BENF

Beneficient Price Performance

The firm has a 50 day moving average price of $5.46 and a 200-day moving average price of $4.30.

About Beneficient

(Get Free Report)

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks, and complete their transactions with standardized transaction agreements.

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