The price of Spectral AI Inc (NASDAQ: MDAI) closed at $2.34 in the last session, down -11.03% from day before closing price of $2.63. In other words, the price has decreased by -$0.2900 from its previous closing price. On the day, 1105630 shares were traded.
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Ratios:
We take a closer look at MDAI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 0.16.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’23 when DiMaio John Michael bought 2,000 shares for $2.67 per share. The transaction valued at 5,340 led to the insider holds 2,481,908 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 39.03M and an Enterprise Value of 33.35M. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.08 while its Price-to-Book (P/B) ratio in mrq is 25.21. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is -3.00.
Stock Price History:
Over the past 52 weeks, MDAI has reached a high of $19.50, while it has fallen to a 52-week low of $1.70. The 50-Day Moving Average of the stock is 2.2014, while the 200-Day Moving Average is calculated to be 5.3457.
Shares Statistics:
According to the various share statistics, MDAI traded on average about 2.17M shares per day over the past 3-months and 5.3M shares per day over the past 10 days. A total of 16.29M shares are outstanding, with a floating share count of 7.03M. Insiders hold about 56.88% of the company’s shares, while institutions hold 11.98% stake in the company. Shares short for MDAI as of Feb 29, 2024 were 302.03k with a Short Ratio of 0.14, compared to 705.21k on Jan 31, 2024.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.33, with high estimates of -$0.33 and low estimates of -$0.33.
Analysts are recommending an EPS of between -$1.66 and -$1.66 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is -$1.52, with 1 analysts recommending between -$1.52 and -$1.52.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $28.1M in the next fiscal year. The high estimate is $28.1M and the low estimate is $28.1M. The average revenue growth estimate for next year is up 61.50% from the average revenue estimate for this year.
