Marpai (NASDAQ:MRAI) Trading 36.4% Higher – What’s Next?

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price was up 36.4% during mid-day trading on Tuesday . The stock traded as high as $1.24 and last traded at $1.05. Approximately 49,826 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 284,489 shares. The stock had previously closed at $0.77.

Marpai Stock Up 36.4 %

The stock has a market capitalization of $14.43 million, a PE ratio of -0.32 and a beta of 4.69. The firm has a 50 day moving average price of $0.62 and a 200-day moving average price of $0.89.

Marpai (NASDAQ:MRAIGet Free Report) last posted its quarterly 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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