Spectral AI Inc (NASDAQ:MDAI) has a beta value of 0.47 and has seen 2.05 million shares traded in the last trading session. The company, currently valued at $60.72M, closed the last trade at $2.60 per share which meant it lost -$0.4 on the day or -13.33% during that session. The MDAI stock price is -43.08% off its 52-week high price of $3.72 and 68.46% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.23 million shares traded. The 3-month trading volume is 2.28 million shares.
The consensus among analysts is that Spectral AI Inc (MDAI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Spectral AI Inc (NASDAQ:MDAI) trade information
Sporting -13.33% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MDAI stock price touched $2.60 or saw a rise of 20.0%. Year-to-date, Spectral AI Inc shares have moved -8.13%, while the 5-day performance has seen it change -5.45%. Over the past 30 days, the shares of Spectral AI Inc (NASDAQ:MDAI) have changed 19.82%. Short interest in the company has seen 1.0 million shares shorted with days to cover at 0.2.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump 25.71% from current levels. The projected low price target is $3.5 while the price target rests at a high of $3.5. In that case, then, we find that the current price level is -34.62% off the targeted high while a plunge would see the stock gain -34.62% from current levels.
Spectral AI Inc (MDAI) estimates and forecasts
Figures show that Spectral AI Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 30.65% over the past 6 months, with this year growth rate of 46.53%, compared to 15.20% for the industry.
MDAI Dividends
Spectral AI Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Spectral AI Inc (NASDAQ:MDAI)’s Major holders
Insiders own 38.72% of the company shares, while shares held by institutions stand at 14.52% with a share float percentage of 23.70%. Investors are also buoyed by the number of investors in a company, with Spectral AI Inc having a total of 25.0 institutions that hold shares in the company.
