ScanTech AI Systems Inc (STAI): Why Is Stock So Good?

In the last trading session, 1.32 million ScanTech AI Systems Inc (NASDAQ:STAI) shares changed hands as the company’s beta touched -0.25. With the company’s per share price at $2.16 changed hands at $0.26 or 13.68% during last session, the market valuation stood at $44.79M. STAI’s last price was a discount, traded about -464.35% off its 52-week high of $12.19. The share price had its 52-week low at $1.23, which suggests the last value was 43.06% up since then. When we look at ScanTech AI Systems Inc’s average trading volume, we note the 10-day average is 0.68 million shares, with the 3-month average coming to 6.99 million.

ScanTech AI Systems Inc (NASDAQ:STAI) trade information

Instantly STAI was in green as seen at the end of in last trading. With action 24.86%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -76.90%, with the 5-day performance at 24.86% in the green. However, in the 30-day time frame, ScanTech AI Systems Inc (NASDAQ:STAI) is 28.57% up. Looking at the short shares, we see there were 1.13 million shares sold at short interest cover period of 0.08 days.

STAI Dividends

ScanTech AI Systems Inc is expected to release its next quarterly earnings report in April.

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

If we look at who the major shareholders are, we find that insiders hold 13.73% of ScanTech AI Systems Inc shares while 34.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 40.00%.