Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Spectral AI Inc’s stock clocked out at $1.96, down -5.77% from its previous closing price of $2.08. In other words, the price has decreased by -$5.77 from its previous closing price. On the day, 0.62 million shares were traded. MDAI stock price reached its highest trading level at $2.1408 during the session, while it also had its lowest trading level at $1.945.
Ratios:
To gain a deeper understanding of MDAI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on January 23, 2024, initiated with a Buy rating and assigned the stock a target price of $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 10 ’24 when DiMaio John Michael bought 6,000 shares for $1.72 per share. The transaction valued at 10,320 led to the insider holds 2,491,908 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDAI now has a Market Capitalization of 40677252 and an Enterprise Value of 39363992. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53. Its current Enterprise Value per Revenue stands at 1.444 whereas that against EBITDA is -4.691.
Stock Price History:
The Beta on a monthly basis for MDAI is 0.46, which has changed by -0.16239315 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, MDAI has reached a high of $3.72, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 2.88%, while the 200-Day Moving Average is calculated to be 17.62%.
Shares Statistics:
It appears that MDAI traded 2.40M shares on average per day over the past three months and 1013980 shares per day over the past ten days. A total of 18.51M shares are outstanding, with a floating share count of 11.12M. Insiders hold about 47.69% of the company’s shares, while institutions hold 10.29% stake in the company. Shares short for MDAI as of 1735603200 were 1290384 with a Short Ratio of 0.54, compared to 1732838400 on 3011844. Therefore, it implies a Short% of Shares Outstanding of 1290384 and a Short% of Float of 10.25.
