Marpai (NASDAQ:MRAI) Stock Price Down 1% – What’s Next?

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price traded down 1% during mid-day trading on Friday . The company traded as low as $1.00 and last traded at $1.02. 50,512 shares changed hands during trading, an increase of 26% from the average session volume of 40,165 shares. The stock had previously closed at $1.03.

Marpai Trading Down 1.0 %

The stock’s 50-day simple moving average is $1.19 and its 200-day simple moving average is $0.81. The stock has a market cap of $14.01 million, a price-to-earnings ratio of -0.39 and a beta of 5.03.

Marpai (NASDAQ:MRAIGet Free Report) last announced its earnings results on Monday, November 11th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business had revenue of $7.01 million for the quarter.

About Marpai

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Marpai, Inc, a technology-driven healthcare payer, focuses on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, bill review and cost containment services. Marpai, Inc was incorporated in 2021 and is based in Tampa, Florida.

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