For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
ScanTech AI Systems Inc (NASDAQ: STAI) closed the day trading at $2.61 down -7.12% from the previous closing price of $2.81. In other words, the price has decreased by -$7.12 from its previous closing price. On the day, 0.51 million shares were traded. STAI stock price reached its highest trading level at $2.88 during the session, while it also had its lowest trading level at $2.54.
Ratios:
For a better understanding of STAI, let’s 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 54119652 and an Enterprise Value of 76968080. As of this moment, ScanTech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.17. Its current Enterprise Value per Revenue stands at 147.402 whereas that against EBITDA is -7.222.
Stock Price History:
The Beta on a monthly basis for STAI is -1.07, which has changed by -0.755618 over the last 52 weeks, in comparison to a change of 0.10838497 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 $1.23. The 50-Day Moving Average of the stock is 28.86%, while the 200-Day Moving Average is calculated to be -67.90%.
Shares Statistics:
Over the past 3-months, STAI traded about 7.07M shares per day on average, while over the past 10 days, STAI traded about 768510 shares per day. A total of 20.74M shares are outstanding, with a floating share count of 18.67M. Insiders hold about 9.95% of the company’s shares, while institutions hold 31.83% stake in the company. Shares short for STAI as of 1740700800 were 1130004 with a Short Ratio of 0.16, compared to 1738281600 on 986015.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
