Marpai (NASDAQ:MRAI) Trading Up 11.2% – Still a Buy?

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price traded up 11.2% during mid-day trading on Friday . The company traded as high as $1.39 and last traded at $1.39. 2,178 shares were traded during trading, a decline of 89% from the average session volume of 19,323 shares. The stock had previously closed at $1.25.

Marpai Price Performance

The stock has a 50 day simple moving average of $1.21 and a 200-day simple moving average of $1.07. The firm has a market cap of $21.84 million, a PE ratio of -0.53 and a beta of 4.79.

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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