Marpai (NASDAQ:MRAI) Shares Down 1.1% – What’s Next?

Shares of Marpai, Inc. (NASDAQ:MRAIGet Free Report) were down 1.1% on Thursday . The company traded as low as $1.07 and last traded at $1.07. Approximately 6,395 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 16,946 shares. The stock had previously closed at $1.08.

Marpai Stock Performance

The stock has a market cap of $18.48 million, a price-to-earnings ratio of -0.41 and a beta of 4.66. The stock has a fifty day simple moving average of $1.33 and a two-hundred day simple moving average of $1.21.

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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