Marpai (NASDAQ:MRAI) Shares Up 3.4%

Marpai, Inc. (NASDAQ:MRAIGet Rating)’s share price shot up 3.4% during mid-day trading on Wednesday . The stock traded as high as $0.70 and last traded at $0.70. 64,733 shares changed hands during trading, a decline of 94% from the average session volume of 1,007,398 shares. The stock had previously closed at $0.68.

Marpai Trading Up 2.3 %

The stock has a market capitalization of $20.28 million, a PE ratio of -0.47 and a beta of 0.74. The firm has a 50-day moving average price of $0.83 and a 200-day moving average price of $0.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Marpai stock. Jane Street Group LLC purchased a new position in shares of Marpai, Inc. (NASDAQ:MRAIGet Rating) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,490 shares of the company’s stock, valued at approximately $25,000. Jane Street Group LLC owned 0.12% of Marpai as of its most recent filing with the SEC. Institutional investors own 35.90% of the company’s stock.

About Marpai

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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, health savings account administration, and cost containment services.

Further Reading

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