Marpai (MRAI) Stock Price, News & Analysis

Company Overview

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, bill review and cost containment services. Marpai, Inc. was incorporated in 2021 and is based in Tampa, Florida.

Key Stats

• Today's Range: $0.98 to $1.09
• 50-Day Range: $0.48 to $1.64
• 52-Week Range: $0.40 to $2.97
• Volume: 32,299 shs
• Average Volume: 34,565 shs
• Market Capitalization: $13.50 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

MRAI Stock Analysis - Frequently Asked Questions

How have MRAI shares performed this year?

Marpai's stock was trading at $1.75 at the start of the year. Since then, MRAI shares have decreased by 43.9% and is now trading at $0.9825.
View the best growth stocks for 2024 here.

How were Marpai's earnings last quarter?

Marpai, Inc. (NASDAQ:MRAI) announced its quarterly earnings results on Monday, November, 11th. The company reported ($0.30) EPS for the quarter. The company earned $7.01 million during the quarter.

When did Marpai's stock split?

Marpai shares reverse split before market open on Thursday, June 29th 2023. The 1-4 reverse split was announced on Thursday, June 29th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

When did Marpai IPO?

Marpai (MRAI) raised $25 million in an initial public offering (IPO) on Wednesday, October 27th 2021. The company issued 6,300,000 shares at $4.00 per share. ThinkEquity acted as the underwriter for the IPO.

How do I buy shares of Marpai?

Shares of MRAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Marpai own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Marpai investors own include NVIDIA (NVDA), Meta Platforms (META), Snowflake (SNOW), iShares Core S&P 500 ETF (IVV), Tesla (TSLA), Airbnb (ABNB) and Allegion (ALLE).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Miscellaneous health & allied services, not elsewhere classified
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:MRAI
• CUSIP: N/A
• CIK: 1844392
• Web: www.marpaihealth.com
• Phone: 646-303-3483
• Fax: N/A
• Employees: 150
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +510.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-28,750,000.00
• Net Margins: -85.70%
• Pretax Margin: -86.66%
• Return on Equity: N/A
• Return on Assets: -100.23%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.82
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $37.15 million
• Price / Sales: 0.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($1.72) per share
• Price / Book: -0.57

Miscellaneous

• Outstanding Shares: 13,740,000
• Free Float: 5,317,000
• Market Cap: $13.50 million
• Optionable: No Data
• Beta: 4.93