Marpai (NASDAQ:MRAI) Shares Down 1% – Time to Sell?

Marpai, Inc. (NASDAQ:MRAIGet Free Report) fell 1% during mid-day trading on Friday . The stock traded as low as $1.00 and last traded at $1.02. 50,512 shares traded hands during trading, an increase of 26% from the average session volume of 40,165 shares. The stock had previously closed at $1.03.

Marpai Price Performance

The stock’s 50-day moving average is $1.19 and its 200 day moving average is $0.81.

Marpai (NASDAQ:MRAIGet Free Report) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.30) earnings per share for the quarter. The company had revenue of $7.01 million during the quarter.

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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