Spectral AI Inc (NASDAQ: MDAI) is -14.63% lower on its value in year-to-date trading and has touched a low of $0.82 and a high of $3.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDAI stock was last observed hovering at around $1.89 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $2.10, the stock is 9.32% and 33.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 11.11% at the moment leaves the stock 26.38% off its SMA200. MDAI registered -21.93% loss for a year compared to 6-month loss of 27.27%. The firm has a 50-day simple moving average (SMA 50) of $1.5552 and a 200-day simple moving average (SMA200) of $1.661525.
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The stock witnessed a 84.21% gain in the last 1 month and extending the period to 3 months gives it a 123.40%, and is 7.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.83% over the week and 18.93% over the month.
Spectral AI Inc (MDAI) has around 78 employees, a market worth around $44.63M and $27.26M in sales. Profit margin for the company is -40.78%. Distance from 52-week low is 154.89% and -43.56% from its 52-week high.
with sales reaching $6.83M over the same period.The EPS is expected to grow by 66.44% this year, but quarterly earnings will post 58.66% year-over-year. Quarterly sales are estimated to grow 29.23% in year-over-year returns.
Spectral AI Inc (MDAI) Top Institutional Holders
25.0 institutions hold shares in Spectral AI Inc (MDAI), with institutional investors hold 23.70% of the company’s shares. The shares outstanding are 18.51M, and float is at 10.21M with Short Float at 29.50%. Institutions hold 14.52% of the Float.
Spectral AI Inc (MDAI) Insider Activity
The most recent transaction is an insider purchase by DiMaio John Michael, the company’s Director. SEC filings show that DiMaio John Michael bought 6,000 shares of the company’s common stock on May 10 ’24 at a price of $1.72 per share for a total of $10320.0. Following the purchase, the insider now owns 2.49 million shares.
