Financial Snapshot: Analyzing Spectral AI Inc (MDAI)’s Key Ratio Metrics

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The closing price of Spectral AI Inc (NASDAQ: MDAI) was $1.87 for the day, up 2.75% from the previous closing price of $1.82. In other words, the price has increased by $2.75 from its previous closing price. On the day, 0.54 million shares were traded.

Ratios:

Our analysis of MDAI’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46.

Stock Price History:

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 -7.48%, while the 200-Day Moving Average is calculated to be 13.12%.

Shares Statistics:

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.

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