Investors Are Waking Up To ScanTech AI Systems Inc (NASDAQ: STAI) After Losing -75.96% Over The Past 12 Months

ScanTech AI Systems Inc (NASDAQ:STAI) currently has a daily average trading volume of 6.90M but it saw 2813818 shares traded in last market. With a market cap of 52.05M USD, the company’s current market price of $2.51 came falling about -2.33 while comparing to the previous closing price of $2.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $1.23.

Taking a look at 20-day trading activity of ScanTech AI Systems Inc (STAI) gives us an average price of $2.01, while its current price level is -79.41% below from 52-week high level whereas it is 104.07% 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 43.86% during that period while stretching the period over a month that decreases to 27.57%. 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 49.24 which implies that the stock is in neutral territory.

Over the week, STAI’s stock price is moving -20.06% down while it is 60.90% when we observe its performance for the past one month. Year-to-date it is -73.16% down and over the past year, the stock is showing a downside performance of -75.96%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, ScanTech AI Systems Inc’s total number of outstanding shares is 4.47M with 13.73% of that held by the insiders while 34.50% of its common stock has been owned by the institutions. 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 13.63. Stock’s beta reads -0.89. Stock has a price to book (P/B) ratio of 0.51. Its return on asset (ROA) is 3.68% on average.