Marpai (NASDAQ:MRAI) Stock Price Up 6.2% – Here’s Why

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s share price traded up 6.2% during trading on Thursday . The company traded as high as $1.20 and last traded at $1.15. 12,845 shares were traded during mid-day trading, a decline of 95% from the average session volume of 254,247 shares. The stock had previously closed at $1.08.

Marpai Trading Down 21.7 %

The stock has a market cap of $12.37 million, a P/E ratio of -0.34 and a beta of 4.93. The business’s fifty day simple moving average is $1.11 and its 200 day simple moving average is $0.80.

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 during 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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