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In the latest session, Spectral AI Inc (NASDAQ: MDAI) closed at $1.19 up 4.39% from its previous closing price of $1.14. In other words, the price has increased by $4.39 from its previous closing price. On the day, 0.6 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 $1.1035.
Ratios:
For a deeper understanding of Spectral AI Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 22119840 and an Enterprise Value of 25610066. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89. Its current Enterprise Value per Revenue stands at 0.939 whereas that against EBITDA is -3.052.
Stock Price History:
Over the past 52 weeks, MDAI has reached a high of $3.72, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -4.25%, while the 200-Day Moving Average is calculated to be -28.82%.
Shares Statistics:
For the past three months, MDAI has traded an average of 335.89K shares per day and 882490 over the past ten days. A total of 16.29M shares are outstanding, with a floating share count of 8.84M. Insiders hold about 54.67% of the company’s shares, while institutions hold 11.21% stake in the company. Shares short for MDAI as of 1730332800 were 915658 with a Short Ratio of 2.73, compared to 1727654400 on 760175. Therefore, it implies a Short% of Shares Outstanding of 915658 and a Short% of Float of 9.6999995.
