In last trading session, Spectral AI Inc (NASDAQ:MDAI) saw 11.46 million shares changing hands with its beta currently measuring 0.48. Company’s recent per share price level of $1.46 trading at $0.01 or 0.69% at ring of the bell on the day assigns it a market valuation of $28.68M. That closing price of MDAI’s stock is at a discount of -154.79% from its 52-week high price of $3.72 and is indicating a premium of 43.84% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.95 million shares which gives us an average trading volume of 936.35K if we extend that period to 3-months.
For Spectral AI Inc (MDAI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.14 in the current quarter.
Spectral AI Inc (NASDAQ:MDAI) trade information
Upright in the green during last session for gaining 0.69%, in the last five days MDAI remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $1.46 price level, adding 16.09% to its value on the day. Spectral AI Inc’s shares saw a change of -40.65% in year-to-date performance and have moved 37.74% in past 5-day. Spectral AI Inc (NASDAQ:MDAI) showed a performance of 1.39% in past 30-days. Number of shares sold short was 0.8 million shares which calculate 3.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 58.29% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would drop -139.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -139.73% for stock’s current value.
Spectral AI Inc (MDAI) estimates and forecasts
Statistics highlight that Spectral AI Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -10.43% of value to its shares in past 6 months, showing an annual growth rate of 42.57% while that of industry is 15.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 58.88% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 6.83M for the same. And 2 analysts are in estimates of company making revenue of 4.09M in the next quarter. Company posted 5.29M and 6.33M of sales in current and next quarters respectively a year earlier.
Spectral AI Inc (NASDAQ:MDAI)’s Major holders
Insiders are in possession of 42.18% of company’s total shares while institution are holding 15.82 percent of that, with stock having share float percentage of 27.36%. Investors also watch the number of corporate investors in a company very closely, which is 15.82% institutions for Spectral AI Inc that are currently holding shares of the company.
On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 61.53 shares of worth $89835.0 or 0.32% of the total outstanding shares. The later fund manager was in possession of 50.14 shares on Sep 30, 2024 , making its stake of worth around $73208.0 in the company or a holder of 0.26% of company’s stock.
