Bonk (NASDAQ:BNKK) Trading Up 42.4% – Here’s What Happened

Bonk, Inc. (NASDAQ:BNKK) shot up 42.4% during trading on Thursday . The stock traded as high as $5.05 and last traded at $3.96. 74,537,372 shares changed hands during mid-day trading, an increase of 46,571% from the average session volume of 159,708 shares. The stock had previously closed at $2.78.

Wall Street Analyst Weigh In

Several research firms have issued reports on BNKK. Wall Street Zen raised shares of Bonk to a “sell” rating in a research report on Saturday, December 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bonk in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bonk currently has a consensus rating of “Sell”.

Bonk Price Performance

The stock’s fifty day moving average price is $4.49. The company has a market capitalization of $20.84 million, a PE ratio of -0.51 and a beta of 1.90.

Bonk (NASDAQ:BNKK) last issued its quarterly earnings data on Wednesday, November 19th. The company reported ($3.85) earnings per share (EPS) for the quarter. The firm had revenue of $1.51 million during the quarter.

Bonk Company Profile

Safety Shot, Inc, a wellness and functional beverage company, engages in the research and development of over-the-counter products and intellectual property. Its products pipeline includes Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; NoStingz, a jellyfish sting prevention sunscreen; and JW-110 for the treatment of atopic dermatitis/eczema. The company primarily sell its products through third-party physical retail stores and partners. The company was formerly known as Jupiter Wellness, Inc and changed its name to Safety Shot, Inc in September 2023.