During the last session, Spectral AI Inc (NASDAQ:MDAI)’s traded shares were 0.88 million, with the beta value of the company hitting 0.71. At the end of the trading day, the stock’s price was $2.19, reflecting an intraday gain of 4.29% or $0.09. The 52-week high for the MDAI share is $3.25, that puts it down -48.4 from that peak though still a striking 62.56% gain since the share price plummeted to a 52-week low of $0.82. The company’s market capitalization is $56.39M, and the average intraday trading volume over the past 10 days was 0.58 million shares, and the average trade volume was 349.61K shares over the past three months.
Spectral AI Inc (MDAI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. MDAI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Spectral AI Inc (NASDAQ:MDAI) trade information
Spectral AI Inc (MDAI) registered a 4.29% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.29% in intraday trading to $2.19, hitting a weekly high. The stock’s 5-day price performance is 2.82%, and it has moved by 61.03% in 30 days. Based on these gigs, the overall price performance for the year is 28.82%. The short interest in Spectral AI Inc (NASDAQ:MDAI) is 0.72 million shares and it means that shorts have 2.79 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 37.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $3.5 respectively. As a result, MDAI is trading at a discount of -59.82% off the target high and -59.82% off the low.
While earnings are projected to return 75.16% in 2025, the next five years will return 36.45% per annum.
MDAI Dividends
Spectral AI Inc is due to release its next quarterly earnings on 2025-May-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Spectral AI Inc (NASDAQ:MDAI)’s Major holders
Spectral AI Inc insiders own 30.56% of total outstanding shares while institutional holders control 13.93%, with the float percentage being 20.05%. HIGHLANDER PARTNERS, L.P. is the largest shareholder of the company, while 30.0 institutions own stock in it. As of 2024-06-30, the company held over 0.9 million shares (or 5.1141% of all shares), a total value of $1.4 million in shares.
The next largest institutional holding, with 0.76 million shares, is of STIFEL FINANCIAL CORP’s that is approximately 4.3105% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.34 million.
