Spectral AI Inc [NASDAQ: MDAI] closed the trading session at $1.46.
The stocks have a year to date performance of -40.65 percent and weekly performance of 37.74 percent. The stock has been moved at -10.43 percent over the last six months. The stock has performed 1.39 percent around the most recent 30 days and changed 0.00 percent over the most recent 3-months.
If compared to the average trading volume of 936.35K shares, MDAI reached to a volume of 11460032 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Spectral AI Inc [MDAI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MDAI shares is $4.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MDAI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Spectral AI Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 23, 2024.
The Average True Range (ATR) for Spectral AI Inc is set at 0.20, with the Price to Sales ratio for MDAI stock in the period of the last 12 months amounting to 1.04.
MDAI stock trade performance evaluation
Spectral AI Inc [MDAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 37.74. With this latest performance, MDAI shares gained by 1.39% in over the last four-week period, additionally sinking by -10.43% over the last 6 months – not to mention a drop of -46.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDAI stock in for the last two-week period is set at 56.73, with the RSI for the last a single of trading hit 60.31, and the three-weeks RSI is set at 54.83 for Spectral AI Inc [MDAI]. The present Moving Average for the last 50 days of trading for this stock 1.2546, while it was recorded at 1.3100 for the last single week of trading, and 1.6606 for the last 200 days.
Spectral AI Inc [MDAI]: An insightful look at the core fundamentals
Spectral AI Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 0.73.
Earnings per share (EPS) analysis for Spectral AI Inc [MDAI] stock
With the latest financial reports released by the company, Spectral AI Inc posted -0.22/share EPS, while the average EPS was predicted by analysts to be reported at -0.4/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.18. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDAI.
Spectral AI Inc [MDAI]: Institutional Ownership
There are presently around $20.74%, or 35.88%% of MDAI stock, in the hands of institutional investors.
