Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Spectral AI Inc’s stock clocked out at $1.77, down -5.35% from its previous closing price of $1.87. In other words, the price has decreased by -$5.35 from its previous closing price. On the day, 0.71 million shares were traded.
Ratios:
To gain a deeper understanding of MDAI’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1.38.
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 -15.83%, while the 200-Day Moving Average is calculated to be 6.03%.
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 11.68% stake in the company.
