ScanTech AI Systems Inc (NASDAQ:STAI) At $1.90: Does It Look Expensive?

In last trading session, ScanTech AI Systems Inc (NASDAQ:STAI) saw 0.51 million shares changing hands with its beta currently measuring 0.03. Company’s recent per share price level of $1.90 trading at $0.16 or 9.20% at ring of the bell on the day assigns it a market valuation of $39.40M. That closing price of STAI’s stock is at a discount of -541.58% from its 52-week high price of $12.19 and is indicating a premium of 35.26% from its 52-week low price of $1.23. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.69 million shares which gives us an average trading volume of 7.10 million if we extend that period to 3-months.

ScanTech AI Systems Inc (NASDAQ:STAI) trade information

Upright in the green during last session for gaining 9.20%, in the last five days STAI remained trading in the green while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $1.90 price level, adding 3.2% to its value on the day. ScanTech AI Systems Inc’s shares saw a change of -79.68% in year-to-date performance and have moved 3.26% in past 5-day. ScanTech AI Systems Inc (NASDAQ:STAI) showed a performance of 32.87% in past 30-days. Number of shares sold short was 1.13 million shares which calculate 0.08 days to cover the short interests.

ScanTech AI Systems Inc (NASDAQ:STAI)’s Major holders

Insiders are in possession of 13.73% of company’s total shares while institution are holding 34.50 percent of that, with stock having share float percentage of 39.99%. Investors also watch the number of corporate investors in a company very closely, which is 34.50% institutions for ScanTech AI Systems Inc that are currently holding shares of the company.