Marpai (NASDAQ:MRAI) Trading 11.4% Higher – Should You Buy?

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s share price traded up 11.4% during mid-day trading on Tuesday . The stock traded as high as $1.13 and last traded at $1.0802. 10,691 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 17,988 shares. The stock had previously closed at $0.97.

Marpai Price Performance

The stock has a market capitalization of $25.42 million, a price-to-earnings ratio of -0.41 and a beta of 4.60. The stock has a 50-day moving average of $1.30 and a 200 day moving average of $1.32.

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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