Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -14.63%. However, over the last six months, the performance has been weaker by 27.27%. The price of MDAI increased 84.21% over the last 30 days. And in the last five days, it has surged by 7.14%.
Spectral AI Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $3.72 on 01/29/24, and the lowest price during that time was $0.82, recorded on 09/25/24.
52-week price history of MDAI Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Spectral AI Inc’s current trading price is -43.56% away from its 52-week high, while its distance from the 52-week low is 154.89%. The stock’s price range for this period has been between $0.82 and $3.72. The Healthcare sector company’s shares saw a trading volume of about 1.32 million for the day, which was lower than the average daily volume of 1.96 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Spectral AI Inc (MDAI) has experienced a quarterly rise of 123.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.87M and boasts a workforce of 78 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4500, with a change in price of +0.4600. Similarly, Spectral AI Inc recorded 1,329,658 in trading volume during the last 100 days, posting a change of +28.05%.
MDAI Stock Stochastic Average
As of today, the raw stochastic average of Spectral AI Inc over the past 50 days is 61.93%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 56.77%. Additionally, the Stochastic %K and %D values for the company were 51.17% and 48.95%, respectively, over the past 20 days.