Marpai (NASDAQ:MRAI) Stock Price Up 21.1% – Still a Buy?

Marpai, Inc. (NASDAQ:MRAIGet Free Report) shares shot up 21.1% during trading on Monday . The company traded as high as $1.15 and last traded at $1.15. 8,470 shares were traded during trading, a decline of 64% from the average session volume of 23,761 shares. The stock had previously closed at $0.95.

Marpai Stock Performance

The stock has a market capitalization of $18.10 million, a P/E ratio of -0.47 and a beta of 5.02. The business has a fifty day simple moving average of $0.94 and a 200-day simple moving average of $0.92.

Marpai Company Profile

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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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