On Monday, Spectral AI Inc (NASDAQ: MDAI) was -8.64% drop from the session before settling in for the closing price of $2.20. A 52-week range for MDAI has been $0.82 – $3.72.
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A company in the Healthcare sector has dropped its sales by -9.61% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 66.44%. With a float of $10.21 million, this company’s outstanding shares have now reached $18.51 million.
In an organization with 78 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.34%, operating margin of -30.81%, and the pretax margin is -40.39%.
Spectral AI Inc (MDAI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Spectral AI Inc stocks. The insider ownership of Spectral AI Inc is 51.96%, while institutional ownership is 10.29%. The most recent insider transaction that took place on May 10 ’24, was worth 10,320. In this transaction Director of this company bought 6,000 shares at a rate of $1.72, taking the stock ownership to the 2,491,908 shares.
Spectral AI Inc (MDAI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.44% per share during the next fiscal year.
Spectral AI Inc (NASDAQ: MDAI) Trading Performance Indicators
You can see what Spectral AI Inc (MDAI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of Spectral AI Inc (MDAI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.18 million. That was inferior than the volume of 1.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.90%. Additionally, its Average True Range was 0.33.
During the past 100 days, Spectral AI Inc’s (MDAI) raw stochastic average was set at 48.89%, which indicates a significant increase from 15.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 153.47% in the past 14 days, which was higher than the 119.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.86, while its 200-day Moving Average is $1.67. However, in the short run, Spectral AI Inc’s stock first resistance to watch stands at $2.11. Second resistance stands at $2.20. The third major resistance level sits at $2.30. If the price goes on to break the first support level at $1.91, it is likely to go to the next support level at $1.81. Assuming the price breaks the second support level, the third support level stands at $1.72.
Spectral AI Inc (NASDAQ: MDAI) Key Stats
There are 18,588K outstanding shares of the company, which has a market capitalization of 42.72 million. As of now, sales total 18,060 K while income totals -20,850 K. Its latest quarter income was 8,170 K while its last quarter net income were -1,500 K.
