Marpai (NASDAQ:MRAI) Trading Up 21.1% – Time to Buy?

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price rose 21.1% on Monday . The stock traded as high as $1.15 and last traded at $1.15. Approximately 8,470 shares changed hands during trading, a decline of 64% from the average daily volume of 23,761 shares. The stock had previously closed at $0.95.

Marpai Stock Performance

The firm has a 50 day moving average of $0.94 and a 200-day moving average of $0.92. The stock has a market capitalization of $16.65 million, a PE ratio of -0.44 and a beta of 5.02.

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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