Marpai (NASDAQ:MRAI) Shares Down 9.2% – Here’s What Happened

Shares of Marpai, Inc. (NASDAQ:MRAIGet Free Report) were down 9.2% on Wednesday . The stock traded as low as $0.6810 and last traded at $0.6810. Approximately 67,671 shares traded hands during trading, an increase of 260% from the average daily volume of 18,796 shares. The stock had previously closed at $0.75.

Marpai Stock Performance

The company’s fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.27. The firm has a market capitalization of $16.06 million, a PE ratio of -0.26 and a beta of 4.62.

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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