ScanTech AI Systems Inc (STAI) Shares Are Down -81.97% So Far This Year

ScanTech AI Systems Inc (NASDAQ:STAI) has a beta value of -0.45 and has seen 2.98 million shares traded in the recent trading session. The company, currently valued at $39.40M, closed the recent trade at $1.90 per share which meant it lost -$0.26 on the day or -12.04% during that session. The STAI stock price is -541.58% off its 52-week high price of $12.19 and 35.26% above the 52-week low of $1.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.75 million shares traded. The 3-month trading volume is 6.99 million shares.

ScanTech AI Systems Inc (NASDAQ:STAI) trade information

Sporting -12.04% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the STAI stock price touched $1.90 or saw a rise of 30.4%. Year-to-date, ScanTech AI Systems Inc shares have moved -79.68%, while the 5-day performance has seen it change -27.20%. Over the past 30 days, the shares of ScanTech AI Systems Inc (NASDAQ:STAI) have changed -17.75%. Short interest in the company has seen 1.13 million shares shorted with days to cover at 0.01.

ScanTech AI Systems Inc (STAI) estimates and forecasts

The company’s shares have lost -82.55% over the past 6 months.

STAI Dividends

ScanTech AI Systems Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 7.60% of the company shares, while shares held by institutions stand at 34.54% with a share float percentage of 37.38%. Investors are also buoyed by the number of investors in a company, with ScanTech AI Systems Inc having a total of 13.0 institutions that hold shares in the company.