Spectral AI Inc [MDAI] stock prices are up 1.43% to $1.42 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MDAI shares have gain 2.90% over the last week, with a monthly amount glided 15.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Spectral AI Inc [NASDAQ: MDAI] stock has seen the most recent analyst activity on January 23, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $4.
The stock price of Spectral AI Inc [MDAI] has been fluctuating between $0.82 and $3.72 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Spectral AI Inc [NASDAQ: MDAI] shares were valued at $1.42 at the most recent close of the market. An investor can expect a potential return of 146.48% based on the average MDAI price forecast.
Analyzing the MDAI fundamentals
The Spectral AI Inc [NASDAQ:MDAI] reported sales of 27.26M for trailing twelve months, representing a surge of 137.59%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.4%, and Net Profit Margin reading is -0.41%. To continue investigating profitability, this company’s Return on Assets is posted at -0.96, Equity is 3.6 and Total Capital is 5.73. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3833 points at the first support level, and at 1.3467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4833, and for the 2nd resistance point, it is at 1.5467.
Ratios To Look Out For
It’s worth pointing out that Spectral AI Inc [NASDAQ:MDAI]’s Current Ratio is 0.73. As well, the Quick Ratio is 0.69, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.93.
Transactions by insiders
Recent insider trading involved DiMaio John Michael, Director, that happened on May 10 ’24 when 6000.0 shares were purchased. 10% Owner, DiMaio John Michael completed a deal on Nov 20 ’23 to buy 2000.0 shares.
