Bannix Acquisition Corp Stock Today

BNIX Stock  USD 12.01  0.41  3.53%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 19

 
High
 
Low
Low
Bannix Acquisition is trading at 12.01 as of the 19th of January 2025; that is 3.53% increase since the beginning of the trading day. The stock's open price was 11.6. Bannix Acquisition has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 19th of January 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
28th of October 2021
Classification
Financials
Bannix Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Woodcliff Lake, New Jersey. Bannix Acquisition is traded on NASDAQ Exchange in the United States. The company has 2.85 M outstanding shares of which 470 shares are currently shorted by private and institutional investors with about 6.66 trading days to cover. More on Bannix Acquisition Corp

Moving against Bannix Stock

  0.35LU Lufax HoldingPairCorr

Bannix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities4.8 M4.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total195.8 K206.2 K
Notably Down
Slightly volatile
Total Assets46.4 M29.1 M
Way Up
Slightly volatile
Total Current Assets235.8 K213.8 K
Significantly Up
Slightly volatile
Debt Levels
Bannix Acquisition can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bannix Acquisition's financial leverage. It provides some insight into what part of Bannix Acquisition's total assets is financed by creditors.
Liquidity
Bannix Acquisition Corp currently holds 974.01 K in liabilities. Bannix Acquisition Corp has a current ratio of 1.98, which is within standard range for the sector. Note, when we think about Bannix Acquisition's use of debt, we should always consider it together with its cash and equity.

End Period Cash Flow

181,594
Bannix Acquisition Corp (BNIX) is traded on NASDAQ Exchange in USA. It is located in 300 Delaware Avenue, Wilmington, DE, United States, 19801 and employs 3 people. Bannix Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.21 M. Bannix Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 2.85 M outstanding shares of which 470 shares are currently shorted by private and institutional investors with about 6.66 trading days to cover. Bannix Acquisition Corp currently holds about 228.18 K in cash with (908.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Bannix Acquisition Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Bannix Acquisition Corp is $34.21 Million. Bannix Acquisition Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 87.7 percent of Bannix Acquisition Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that nearly three hundred eighteen thousand four hundred ninety invesors are currently shorting Bannix Acquisition expressing very little confidence in its future performance.
Check Bannix Ownership Details

Bannix Stock Institutional Holders

InstituionRecorded OnShares
Tuttle Capital Management, Llc2024-09-30
0.0
Walleye Trading Advisors, Llc2024-09-30
0.0
Skyview Investment Advisors, Llc2024-09-30
97 K
Meteora Capital, Llc2024-09-30
90.4 K
Graham Capital Wealth Management, Llc2024-09-30
58.9 K
Clear Street Llc2024-09-30
42.1 K
Ubs Group Ag2024-09-30
98.0
Karpus Management Inc2024-09-30
0.0
Wolverine Asset Management Llc2024-09-30
0.0
Walleye Trading Llc2024-09-30
0.0
Robinson Capital Management, Inc.2024-09-30
0.0
View Bannix Acquisition Diagnostics

Bannix Acquisition Historical Income Statement

At this time, Bannix Acquisition's Tax Provision is fairly stable compared to the past year. Net Interest Income is likely to rise to about 2.4 M in 2025, whereas Depreciation And Amortization is likely to drop slightly above 1.1 M in 2025. View More Fundamentals

Bannix Stock Against Markets

Additional Tools for Bannix Stock Analysis

When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.