Marpai, Inc. (NASDAQ:MRAI – Get Free Report)’s stock price was down 4.3% during mid-day trading on Tuesday. The stock traded as low as $3.30 and last traded at $3.35. 19,341 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 69,023 shares. The stock had previously closed at $3.50.
Marpai Stock Down 0.3%
The stock has a market capitalization of $87.50 million, a price-to-earnings ratio of -1.23 and a beta of 4.68. The firm has a fifty day moving average of $2.77 and a 200-day moving average of $1.38.
About Marpai
Marpai, Inc is a healthcare technology and services company that provides third-party administration (TPA) services for self-funded employer health plans. Its platform is designed to help employers and their plan members manage healthcare benefits, claims, provider access and related administrative functions.
The company combines health plan administration with data analytics and artificial intelligence tools. Its services are intended to identify opportunities to improve care, support members with chronic or complex conditions, guide them toward appropriate providers and reduce avoidable healthcare spending.
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