ScanTech AI Systems Inc (NASDAQ:STAI) price is hovering higher on current market day and jumping 14.21% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $1.90, with intraday deals fluctuating between $1.9744 and $2.29. The company’s 5Y monthly beta was ticking -0.693 while its P/E ratio in the trailing 12-month period read 11.78. Taking into account the 52-week price action we note that the stock hit a 52-week high of $12.19 and 52-week low of $1.23. The stock added 29.17% on its value in the past month.
ScanTech AI Systems Inc, which has a market valuation of $45.00 million, is expected to release its quarterly earnings report in April.
The overview shows that STAI’s price is at present -6.47% off the SMA20 and 8.29% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.71, with weekly volatility standing at 11.48%. The indicator jumps to 27.68% when calculated based on the past 30 days. ScanTech AI Systems Inc (NASDAQ:STAI)’s beta value is holding at -0.25, while the average true range (ATR) indicator is currently reading 0.45.
An analysis of the ScanTech AI Systems Inc (NASDAQ:STAI) stock in terms of its daily trading volume indicates that the 3-month average is 6.99 million. However, this figure increases on the past 10-day timeline to an average of 0.69 million.
Current records show that the company has 20.74M in outstanding shares. The insiders’ percentage holdings are 15.74% of outstanding shares while the percentage share held by institutions stands at 31.83%. The stats also highlight that short interest as of 2025-02-28, stood at 1.13 million shares, which puts the short ratio at the time at 0.08. Notably, we see that shares short in February rose slightly given the previous month’s figure stood at 0.99 million. But the -76.79% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
