Spectral AI Inc (MDAI) saw an uptrend of 16.98% in the recent trading with $323860.0 being its most recent. The current price level -23.69% lower than the highest price of $3.25 marked by the stock while trading over the past 52-weeks, whereas it is 201.01% higher than the lowest price of $0.82 the company dropped to over past 52-weeks. The latest news story on MDAI appeared in (GlobeNewswire) under the title “Spectral AI Announces Submission to FDA of its DeepView System” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Spectral AI Inc Earnings – What Happened With MDAI
Coming around sales and income figures on MDAI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Spectral AI Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 25.59 million. MDAI does have institutional investors; and they hold 10.37% of the stock.
As on 2024-06-30, HIGHLANDER PARTNERS, L.P. was the top most holder in Spectral AI Inc (NASDAQ:MDAI) with an ownership of 0.9 million shares of the company or 5.1141 of the stake worth $1.4 million. The filing also reveals STIFEL FINANCIAL CORP as the second largest holder in the company with a control over 4.3105 of the outstanding shares. Its stake is worth $1.34 million for having 0.76 million shares in hand.
RATHBONES GROUP PLC also came holding a key position in the company during the recent quarter and it now holds 2.4782 of the outstanding shares. With this there are now 30.0 institutions which have possession in MDAI’s shares.
Key Metrics forMDAI
Technical Analysis of Spectral AI Inc (NASDAQ:MDAI) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Spectral AI Inc (MDAI), we notice that the stock’s 20-day average volume is at 526,360 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 25% are spotting the stock at Buy with its 50-day average volume of 349,302 shares. And to end, MDAI’s 100-day average volume is 397,517 shares with 50% of the long-term indicators pointing towards Buy for the stock.
