Beneficient (NASDAQ:BENF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Beneficient (NASDAQ:BENF) to a sell rating in a research note released on Saturday morning.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Beneficient in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Beneficient Price Performance

NASDAQ BENF opened at $0.72 on Friday. Beneficient has a 1-year low of $0.22 and a 1-year high of $2.36. The stock has a 50-day moving average of $0.56 and a 200-day moving average of $0.40.

Beneficient (NASDAQ:BENF) last released its earnings results on Tuesday, October 21st. The company reported ($0.85) earnings per share for the quarter. The firm had revenue of ($12.62) million during the quarter. As a group, equities research analysts forecast that Beneficient will post -2.29 earnings per share for the current year.

About Beneficient

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.