Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of ScanTech AI Systems Inc (NASDAQ: STAI) was $0.66 for the day, down -2.15% from the previous closing price of $0.67. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 0.48 million shares were traded. STAI stock price reached its highest trading level at $0.6885 during the session, while it also had its lowest trading level at $0.6503.
Ratios:
Our analysis of STAI’s different ratios will help us gain a deeper understanding of the company. 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 16876660 and an Enterprise Value of 67086624. As of this moment, ScanTech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.58. Its current Enterprise Value per Revenue stands at 123.738 whereas that against EBITDA is -7.55.
Stock Price History:
The Beta on a monthly basis for STAI is -0.91, which has changed by -0.9393186 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, STAI has reached a high of $12.19, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -30.41%, while the 200-Day Moving Average is calculated to be -85.77%.
Shares Statistics:
STAI traded an average of 658.61K shares per day over the past three months and 419390 shares per day over the past ten days. A total of 25.61M shares are outstanding, with a floating share count of 18.31M. Insiders hold about 28.50% of the company’s shares, while institutions hold 79.42% stake in the company. Shares short for STAI as of 1749772800 were 269176 with a Short Ratio of 0.44, compared to 1747267200 on 229218.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
