Ideas And Forecasts On ScanTech AI Systems Inc (NASDAQ: STAI)

ScanTech AI Systems Inc (NASDAQ:STAI) currently has a daily average trading volume of 200.11K but it saw 3519850 shares traded in last market. With a market cap of 9.75M USD, the company’s current market price of $2.18 came falling about -21.30 while comparing to the previous closing price of $2.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $1.82. In the recent trading on the day, stock has struck highest price mark of $1.7575 while lowest mark touched by it was $2.8.

Its current price level is -82.12% below from 52-week high level whereas it is 19.78% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 98.47% during that period while stretching the period over a month that decreases to 47.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.95 which implies that the stock is in neutral territory.

Over the week, STAI’s stock price is moving -76.68% down while it is -80.38% when we observe its performance for the past one month. Year-to-date it is -76.68% down and over the past year, the stock is showing a downside performance of -78.77%.

Currently, ScanTech AI Systems Inc’s total number of outstanding shares is 4.47M. Company’s return on investment (ROI) stands at 7.89% and return on equity (ROE) at 3.72%. It has a price to earnings ratio (P/E ratio) of 11.83. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 0.44. Its return on asset (ROA) is 3.68% on average.