Spectral AI Inc (NASDAQ: MDAI) kicked off on Friday, down -4.95% from the previous trading day, before settling in for the closing price of $2.02. Over the past 52 weeks, MDAI has traded in a range of $0.82-$3.72.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Healthcare Sector giant was -9.61%. While this was happening, its average annual earnings per share was recorded 66.44%. With a float of $11.12 million, this company’s outstanding shares have now reached $18.51 million.
Let’s determine the extent of company efficiency that accounts for 78 employees. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Spectral AI Inc is 47.69%, 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) Earnings and Forecasts
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
Take a look at Spectral AI Inc’s (MDAI) current performance indicators. Last quarter, stock had a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
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)
Looking closely at Spectral AI Inc (NASDAQ: MDAI), its last 5-days average volume was 1.9 million, which is a jump from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 15.06%. Additionally, its Average True Range was 0.29.
During the past 100 days, Spectral AI Inc’s (MDAI) raw stochastic average was set at 45.18%, which indicates a significant increase from 4.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.97% in the past 14 days, which was lower than the 119.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9534, while its 200-day Moving Average is $1.6594. However, in the short run, Spectral AI Inc’s stock first resistance to watch stands at $2.0400. Second resistance stands at $2.1600. The third major resistance level sits at $2.2450. If the price goes on to break the first support level at $1.8350, it is likely to go to the next support level at $1.7500. Should the price break the second support level, the third support level stands at $1.6300.
Spectral AI Inc (NASDAQ: MDAI) Key Stats
The company with the Market Capitalisation of 40.81 million has total of 18,588K Shares Outstanding. Its annual sales at the moment are 18,060 K in contrast with the sum of -20,850 K annual income. Company’s last quarter sales were recorded 8,170 K and last quarter income was -1,500 K.
