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MDAI Stock on the Rise: A Promising Investment

Spectral AI Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.72 on 01/29/24, and the lowest price during the same period was recorded at $0.82 on 09/25/24.

52-week price history of MDAI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Spectral AI Inc’s current trading price is -62.10% away from its 52-week high, while its distance from the 52-week low is 71.15%. The stock’s price range during this period has fluctuated between $0.82 and $3.72. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 28.43 million for the day, which was evidently higher than the average daily volume of 0.41 million over the last three months.

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Financial Performance and Market Capitalization

Spectral AI Inc (MDAI) has experienced a quarterly decline of -4.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.51M and boasts a workforce of 78 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4119, with a change in price of -0.5950. Similarly, Spectral AI Inc recorded 592,997 in trading volume during the last 100 days, posting a change of -29.90%.

MDAI Stock Stochastic Average

Spectral AI Inc’s raw stochastic average for the past 50 days is currently at 62.34%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 52.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 44.70% and 32.99%, respectively.

MDAI Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -42.68% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -16.56%. Over the past 30 days, the price of MDAI has leaped by -7.84%. And in the last five days, it has surged by 24.79%.

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