Market cap of ScanTech AI Systems Inc [STAI] reaches 40.30M – now what?

Caleb Clifford

ScanTech AI Systems Inc [NASDAQ: STAI] surged by $0.17 during the normal trading session on Friday and reaching a high of $0.91 during the day while it closed the day at $0.62.

ScanTech AI Systems Inc stock has also gained 41.43% of its value over the past 7 days. However, STAI stock has declined by -15.54% in the 3 months of the year. Over the past six months meanwhile, it has lost -64.08% and lost -94.28% year-on date.

The market cap for STAI stock reached $40.30 million, with 64.49 million shares outstanding and 56.25 million shares in the current float. Compared to the average trading volume of 9.03M shares, STAI reached a trading volume of 226741075 in the most recent trading day, which is why market watchdogs consider the stock to be active.

STAI stock trade performance evaluation

ScanTech AI Systems Inc [STAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.43. With this latest performance, STAI shares gained by 41.24% in over the last four-week period, additionally sinking by -64.08% over the last 6 months – not to mention a drop of -93.32% in the past year of trading.

ScanTech AI Systems Inc (STAI) Capital Structure & Debt Analysis

ScanTech AI Systems Inc (STAI) Efficiency & Liquidity Metrics

ScanTech AI Systems Inc (STAI) Efficiency & Liquidity Metrics

ScanTech AI Systems Inc [STAI]: Institutional Ownership

There are presently around $33.64%, or 36.60%% of STAI stock, in the hands of institutional investors.

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