ScanTech AI Systems Inc [NASDAQ: STAI] stock went on an upward path that rose over 46.94% on Wednesday, amounting to a one-week price decrease of less than -0.92%.
Over the last 12 months, STAI stock dropped by -79.23%.
The market cap for the stock reached $40.44 million, with 4.47 million shares outstanding and 2.82 million shares in the current float. Compared to the average trading volume of 497.09K shares, STAI stock reached a trading volume of 51289842 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on ScanTech AI Systems Inc [STAI]:
The Average True Range (ATR) for ScanTech AI Systems Inc is set at 1.18 The Price to Book ratio for the last quarter was 0.44, with the Price to Cash per share for the same quarter was set at 0.01.
STAI Stock Performance Analysis:
ScanTech AI Systems Inc [STAI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.92. With this latest performance, STAI shares dropped by -57.48% in over the last four-week period, additionally sinking by -79.74% over the last 6 months – not to mention a drop of -79.23% 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 STAI stock in for the last two-week period is set at 35.95, with the RSI for the last a single of trading hit 51.59. The present Moving Average recorded at 1.8800 for the last single week of trading.
Insight into ScanTech AI Systems Inc Fundamentals:
ScanTech AI Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.
