Marpai, Inc. (NASDAQ:MRAI – Get Free Report) shares dropped 10.9% during mid-day trading on Tuesday . The stock traded as low as $3.10 and last traded at $3.12. Approximately 101,432 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 72,626 shares. The stock had previously closed at $3.50.
Marpai Trading Down 2.5%
The firm has a market capitalization of $83.03 million, a P/E ratio of -1.17 and a beta of 4.73. The business has a 50 day moving average of $2.25 and a 200-day moving average of $1.08.
About Marpai
Marpai, Inc is a healthcare technology company that provides data-driven health plan administration and services for self-insured employers. Operating through its Marpai Health platform, the company helps employers and their members manage healthcare costs while supporting access to care and improved health outcomes.
Marpai’s offerings include claims administration, member support, care management, health advocacy, provider-network services and analytics. Its technology uses healthcare data and artificial intelligence to identify members who may be at risk for serious or costly medical conditions, enabling earlier intervention and more personalized care-management programs.
The company primarily serves the U.S.
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