Marpai (NASDAQ:MRAI) Stock Price Down 1.1% – Here’s Why

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price was down 1.1% on Wednesday . The company traded as low as $1.36 and last traded at $1.38. Approximately 6,568 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 17,675 shares. The stock had previously closed at $1.39.

Marpai Trading Down 1.1%

The business’s 50-day simple moving average is $1.35 and its two-hundred day simple moving average is $1.17. The company has a market capitalization of $23.75 million, a PE ratio of -0.52 and a beta of 4.66.

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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