In the current trading session, Marpai Inc’s (MRAI) stock is trading at the price of $2.27, a gain of 29.71% over last night’s close. So, the stock is trading at a price that is -83.31% less than its 52-week high of $13.60 and 587.88% better than its 52-week low of $0.33. Based on the past 30-day period, the stock price is -6.03% below the high and +83.48% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, MRAI’s SMA-200 is $1.4022.
It is also essential to consider MRAI stock ratios like the price-to-sales ratio, which is 0.49 for the last year.
How does Marpai Inc (MRAI) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
Marpai Inc (MRAI): Earnings History
If we examine Marpai Inc’s recent earnings history, in the last quarter ended on 6/29/2023, it posted adjusted earnings per share of -$1, slashing the consensus of -$1.28. In other words, it beat the consensus by $0.28, resulting in a 21.90% surprise. In the 3 months period before the previous quarter which was closed on 6/29/2023, the stock recorded adjusted earnings per share of -$1 in contrast with the Outlook of -$1.28. That was a difference of $0.28 and a surprise of 21.90%.
Marpai Inc (NASDAQ: MRAI) Ownership Details
I will give a breakdown of the key shareholders in Marpai Inc (MRAI). Recent figures show that the company’s insiders hold 66.25% of shares. A total of 9 institutional investors hold shares in the company, making 3.03% of its stock and 8.98% of its float.
Jun 29, 2023, it was reported that the Company’s largest institutional holder is Sabby Management, LLC holding total of 0.38 million shares that make 4.82% of the company’s total number of shares and are currently priced at 0.64 million.
The securities firm Vanguard Group Inc holds 0.13 million shares of MRAI, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.63%, and the holding percentage of shares is valued at 0.22 million.
An overview of Marpai Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Marpai Inc (MRAI) traded 728,203 shares per day, with a moving average of $1.5300 and price change of +0.8300. With the moving average of $1.4215 and a price change of +0.3000, about 921,515 shares changed hands on average over the past 50 days. Finally, MRAI’s 100-day average volume is 2,139,291 shares, alongside a moving average of $1.3393 and a price change of +1.5584.
