For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.28 in the prior trading day, Spectral AI Inc (NASDAQ: MDAI) closed at $1.13, down -11.72%. In other words, the price has decreased by -$11.72 from its previous closing price. On the day, 0.99 million shares were traded. MDAI stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.04.
Ratios:
Our goal is to gain a better understanding of MDAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.57.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 25056280 and an Enterprise Value of 28146734. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97. Its current Enterprise Value per Revenue stands at 1.032 whereas that against EBITDA is -3.354.
Stock Price History:
The Beta on a monthly basis for MDAI is 0.54, which has changed by -0.51502144 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, MDAI has reached a high of $3.25, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -36.19%, while the 200-Day Moving Average is calculated to be -31.68%.
Shares Statistics:
The stock has traded on average 823.81K shares per day over the past 3-months and 626980 shares per day over the last 10 days, according to various share statistics. A total of 22.59M shares are outstanding, with a floating share count of 13.25M. Insiders hold about 47.69% of the company’s shares, while institutions hold 9.80% stake in the company. Shares short for MDAI as of 1741910400 were 1017998 with a Short Ratio of 1.24, compared to 1739491200 on 1151108. Therefore, it implies a Short% of Shares Outstanding of 1017998 and a Short% of Float of 7.2700000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
