Prepare Yourself for Liftoff: BYND Cannasoft Enterprises Inc. (BCAN)

BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) stock fell -10.66% on Friday to $3.94 against a previous-day closing price of $4.41. With 2.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $4.9900 whereas the lowest price it dropped to was $3.1600. The 52-week range on BCAN shows that it touched its highest point at $16.38 and its lowest point at $4.04 during that stretch.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BCAN was down-trending over the past week, with a drop of -13.60%, but this was down by -17.45% over a month.

Float and Shares Shorts:

At present, 29.68 million BCAN shares are outstanding with a float of 8.75 million shares on hand for trading. On Jul 14, 2022, short shares totaled 7670.0, which was 0.03% higher than short shares on Jun 14, 2022. In addition to Mr. Yftah Ben Yaackov as the firm’s CEO & Director, Mr. Marcel Maram serves as its Pres & Director.

Institutional Ownership:

Through their ownership of 0.00% of BCAN’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of BCAN, in contrast to — held by mutual funds. Shares owned by individuals account for –.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BCAN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded BCAN stock several times over the past three months with 2 Buys and 0 Sells. In these transactions, 6,727 shares were bought while 0 shares were sold. The number of buy transactions has increased to 3 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 156,727 while 0 shares were sold.

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