Closing Figures: ScanTech AI Systems Inc (STAI)’s Negative Finish at 1.71, Down -9.52

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After finishing at $1.89 in the prior trading day, ScanTech AI Systems Inc (NASDAQ: STAI) closed at $1.71, down -9.52%. In other words, the price has decreased by -$9.52 from its previous closing price. On the day, 1.36 million shares were traded. STAI stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.7.

Ratios:

Our goal is to gain a better understanding of STAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STAI now has a Market Capitalization of 32015988. As of this moment, ScanTech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.28.

Stock Price History:

Over the past 52 weeks, STAI has reached a high of $12.19, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -76.04%, while the 200-Day Moving Average is calculated to be -82.63%.

Shares Statistics:

The stock has traded on average 1.60M shares per day over the past 3-months and 6686620 shares per day over the last 10 days, according to various share statistics. A total of 4.47M shares are outstanding, with a floating share count of 2.82M. Insiders hold about 37.03% of the company’s shares, while institutions hold 43.01% stake in the company.

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