A share price of Spectral AI Inc [MDAI] is currently trading at $1.92, up 31.51%. 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 68.42% over the last week, with a monthly amount glided 23.08%, and seem to be holding up well over a long-time horizon.
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.
Spectral AI Inc experienced fluctuations in its stock price throughout the past year between $0.82 and $3.72. 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 $1.92 at the most recent close of the market. An investor can expect a potential return of 82.29% based on the average MDAI price forecast.
Analyzing the MDAI fundamentals
Trailing Twelve Months sales for Spectral AI Inc [NASDAQ:MDAI] were 27.26M which represents 137.59% growth. 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 1.4380 points at the first support level, and at 0.9560 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.3760, and for the 2nd resistance point, it is at 2.8320.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Spectral AI Inc [NASDAQ:MDAI] 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 1.81.
Transactions by insiders
Recent insider trading involved DiMaio John Michael, Director, that happened on May 10 ’24 when 6000.0 shares were purchased.
