ScanTech AI Systems Inc (NASDAQ:STAI) does about 6.99M shares in volume on a normal day but saw 3843830 shares change hands in the recent trading day. The company now has a market cap of 42.09M USD. Its current market price is $2.03, marking a decrease of -6.02% compared to the previous close of $2.16. The 52 week high reached by this stock is $12.19 whilst the lowest price level in 52 weeks is $1.23.
ScanTech AI Systems Inc (STAI) has a 20-day trading average at $2.17 and the current price is -83.35% off the 52-week high compared with 65.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.05. If we look at the stock’s price movements over the week, volatility stands at 19.69%, which decreases to 15.80% 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 44.46 to suggest the stock is neutral.
The current price level is -6.54%, -0.95%, and -74.38% 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 -22.22% over the week and -12.12% over the past month. Its price is -78.29% year-to-date and -80.74% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 20.74M with insiders holding 7.60% of the shares and institutional holders owning 34.54% of the company’s common stock. 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 11.02. The beta has a value of -0.45. Price to book ratio is 0.41.
