Marpai (NASDAQ:MRAI) Trading Down 1% – Time to Sell?

Marpai, Inc. (NASDAQ:MRAIGet Free Report) shares were down 1% on Friday . The company traded as low as $1.00 and last traded at $1.02. Approximately 50,512 shares changed hands during trading, an increase of 26% from the average daily volume of 40,165 shares. The stock had previously closed at $1.03.

Marpai Stock Performance

The stock has a market capitalization of $14.01 million, a P/E ratio of -0.39 and a beta of 5.03. The stock’s fifty day simple moving average is $1.19 and its two-hundred day simple moving average is $0.81.

Marpai (NASDAQ:MRAIGet Free Report) last issued its quarterly earnings results on Monday, November 11th. The company reported ($0.30) earnings per share (EPS) for the quarter. The firm 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.

Further Reading

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