ScanTech AI Systems Inc (NASDAQ:STAI) does about 465.42K shares in volume on a normal day but saw 747456 shares change hands in the recent trading day. The company now has a market cap of 40.82M USD. Its current market price is $2.18, marking an increase of 10.66% compared to the previous close of $1.97. The 52 week high reached by this stock is $12.19 whilst the lowest price level in 52 weeks is $1.76.
ScanTech AI Systems Inc (STAI) has the current price is -82.12% off the 52-week high compared with 24.04% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 37.76%, which increases to 47.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.96 to suggest the stock is neutral.
The current price level is -54.94%, -74.12%, and -78.52% away from its SMA20, SMA50, and SMA200 respectively, with the STAI price moving above the 50-day SMA on current market day. ScanTech AI Systems Inc (STAI) stock is down -2.24% over the week and -69.89% over the past month. Its price is -76.68% year-to-date and -79.18% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
The company has a return on investment of 7.89% and return on equity of 3.72%. The price to earnings ratio (P/E ratio) amounts to 11.83. The beta has a value of 0.98. Price to book ratio is 0.44.