Marpai, Inc. (NASDAQ:MRAI – Get Rating) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 50,200 shares, a decline of 26.3% from the November 30th total of 68,100 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.5% of the shares of the stock are short sold.

Marpai Stock Down 7.7 %

Marpai stock opened at $0.72 on Monday. The firm has a market capitalization of $15.08 million, a PE ratio of -0.58 and a beta of 0.40. Marpai has a 52 week low of $0.69 and a 52 week high of $4.57. The firm's 50-day simple moving average is $0.92 and its 200 day simple moving average is $0.95.

Marpai (NASDAQ:MRAI – Get Rating) last announced its quarterly earnings results on Wednesday, November 9th. The company reported ($0.28) earnings per share (EPS) for the quarter. The business had revenue of $4.94 million during the quarter. Marpai had a negative net margin of 104.66% and a negative return on equity of 108.51%.

Institutional Investors Weigh In On Marpai

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, health savings account administration, and cost containment services.

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