Marpai (NASDAQ:MRAI) Trading 1.1% Higher – Here’s Why

Marpai, Inc. (NASDAQ:MRAIGet Free Report)’s stock price was up 1.1% on Friday . The stock traded as high as $0.94 and last traded at $0.91. Approximately 5,109 shares were traded during trading, a decline of 81% from the average daily volume of 27,595 shares. The stock had previously closed at $0.90.

Marpai Stock Performance

The company’s fifty day simple moving average is $0.96 and its two-hundred day simple moving average is $0.88. The stock has a market capitalization of $13.18 million, a PE ratio of -0.34 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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