As of close of business last night, Spectral AI Inc’s stock clocked out at $1.72, down -16.91% from its previous closing price of $2.07. In other words, the price has decreased by -$0.3500 from its previous closing price. On the day, 1217436 shares were traded. MDAI stock price reached its highest trading level at $2.0900 during the session, while it also had its lowest trading level at $1.7000.
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 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:
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 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 34.06M and an Enterprise Value of 28.38M. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.15 while its Price-to-Book (P/B) ratio in mrq is 18.53. Its current Enterprise Value per Revenue stands at 1.50 whereas that against EBITDA is -2.56.
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 $1.79. The 50-Day Moving Average of the stock is 2.2578, while the 200-Day Moving Average is calculated to be 5.7500.
Shares Statistics:
It appears that MDAI traded 1.32M shares on average per day over the past three months and 611.42k shares per day over the past ten 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 15, 2024 were 705.21k with a Short Ratio of 0.16, compared to 118.66k on Jan 12, 2024.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. 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.
